£366,172
This estimated value is based upon the latest sale price for the house of £70,000 on 21 Apr 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£70,000 | 21 Apr 1997 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in April 1997 the House Price Index for ESSEX was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.104%.Applying this 423.104% change to the original purchase price of £70,000 results in an estimated price of approximately £366,172.
21 Apr 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 148.6 | 423.104 % | £70,000 | £296,172 | £366,172 |
The Postcode Pricing Model uses changes in average sales price within the CO15 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 440.774 % | £308,541 | £378,541 |
3 Month Average | 413.536 % | £289,475 | £359,475 |
6 Month Average | 387.543 % | £271,280 | £341,280 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Sep 2023 | £172,202 | £170,000 | 25B CARNARVON ROAD |
31 Jul 2023 | £162,183 | £160,000 | 31 ROSEMARY ROAD |
22 Mar 2023 | £302,853 | £300,000 | 54 STATION ROAD |
3 Feb 2023 | £92,188 | £92,250 | FLAT 1 59 STATION ROAD |
4 Jan 2023 | £182,142 | £183,000 | FLAT 2 39 CARNARVON ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 27 Feb 2013. Using an estimated price of £366,173 means this house is valued at £3,980 per sq meter (£369 per sq foot).
The average size of a house on HIGH STREET is 59 sq meters (639 sq feet).
This house is the largest in the street with a floor area of 92 sq meters (990 sq feet).