£316,871
This estimated value is based upon the latest sale price for the house of £182,500 on 11 Nov 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £182,500 | 11 Nov 2011 |
| £180,000 | 18 Jul 2011 |
| £160,000 | 8 May 2006 |
| £135,000 | 17 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 November 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £182,500 results in an estimated price of approximately £316,871.
| 11 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £182,500 | £134,371 | £316,871 |
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 | 147.317 % | £268,854 | £451,354 |
| 3 Month Average | 83.155 % | £151,757 | £334,257 |
| 6 Month Average | 75.293 % | £137,410 | £319,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £282,162 | £275,000 | 17 QUEENSWAY |
| 13 Oct 2023 | £281,391 | £275,000 | 26 LUSHINGTON ROAD |
| 29 Sep 2023 | £236,207 | £231,000 | ST JOHN AMBULANCE HUT, 55 STATION ROAD |
| 29 Sep 2023 | £194,283 | £190,000 | 58 QUEENSWAY |
| 31 Mar 2023 | £274,586 | £270,000 | 21 QUEENSWAY |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 22 Aug 2011. Using an estimated price of £316,871 means this house is valued at £3,266 per sq meter (£303 per sq foot).
The average size of a house on LUSHINGTON ROAD is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lushington Road |
| May 2024 | Public order | Under investigation | On or near Colchester Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colchester Road |