£607,891
This estimated value is based upon the latest sale price for the house of £390,000 on 25 Jan 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Empire Road
More crime details
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| Price Paid | Date |
|---|---|
| £390,000 | 25 Jan 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 380 sq meters or 4,090 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 January 2008 the House Price Index for ESSEX was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £390,000 results in an estimated price of approximately £607,891.
| 25 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £390,000 | £217,891 | £607,891 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 18.967 % | £73,970 | £463,970 |
| 3 Month Average | 33.012 % | £128,746 | £518,746 |
| 6 Month Average | 36.659 % | £142,968 | £532,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £126,873 | £124,995 | 7B CLIFF ROAD |
| 8 Aug 2023 | £161,412 | £160,000 | 15 EMPIRE ROAD |
| 29 Mar 2023 | £164,046 | £162,500 | 22 HORDLE STREET |
| 27 Jan 2023 | £218,969 | £220,000 | 26 THE GABLES |
| 9 Aug 2022 | £144,611 | £145,000 | FIRST FLOOR FLAT 3 CLIFF ROAD |
This house has a floor area of 380 sq meters or 4,090 sq feet when measured on 8 Feb 2014. Using an estimated price of £607,891 means this house is valued at £1,599 per sq meter (£148 per sq foot).
The average size of a house on MARINE PARADE is 179 sq meters (1,935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Empire Road |
| Mar 2024 | Anti-social behaviour | On or near Empire Road | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Empire Road |
| Mar 2024 | Anti-social behaviour | On or near Empire Road | |
| Mar 2024 | Burglary | Under investigation | On or near Empire Road |