£85,164
This estimated value is based upon the latest sale price for the house of £55,000 on 18 Jun 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£55,000 | 18 Jun 2014 |
£29,000 | 20 Dec 2001 |
£19,250 | 31 Jan 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 26 sq meters or 279 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 June 2014 the House Price Index for ESSEX was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £55,000 results in an estimated price of approximately £85,164.
18 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £55,000 | £30,164 | £85,164 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 102.156 % | £56,185 | £111,185 |
3 Month Average | 37.168 % | £20,442 | £75,442 |
6 Month Average | 56.756 % | £31,216 | £86,216 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £325,000 | £325,000 | 19 MALTHOUSE ROAD |
29 Apr 2024 | £221,927 | £220,000 | 2 HILTON CLOSE |
25 Mar 2024 | £167,575 | £165,000 | 29 MALTHOUSE ROAD |
13 Sep 2023 | £173,832 | £170,000 | 1 GASFIELD |
17 Aug 2023 | £336,061 | £330,000 | 4 MALTHOUSE ROAD |
This house has a floor area of 26 sq meters or 279 sq feet when measured on 27 Sep 2019. Using an estimated price of £85,165 means this house is valued at £3,275 per sq meter (£304 per sq foot).
The average size of a house on HILTON CLOSE is 42 sq meters (452 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hilton Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Erskine Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Erskine Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kiln Lane |
Jun 2024 | Anti-social behaviour | On or near High Street |