£187,107
This estimated value is based upon the latest sale price for the house of £58,000 on 2 Nov 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£58,000 | 2 Nov 2001 |
Terraced |
Freehold |
Floor Area: 44 sq meters or 473 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 2001 the House Price Index for ESSEX was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £58,000 results in an estimated price of approximately £187,107.
2 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 149.7 | 222.599 % | £58,000 | £129,107 | £187,107 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 155.595 % | £90,245 | £148,245 |
3 Month Average | 189.596 % | £109,965 | £167,965 |
6 Month Average | 213.283 % | £123,704 | £181,704 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £230,860 | £225,000 | 7 PATERNOSTER ROW |
30 Jun 2023 | £204,090 | £200,000 | 1 NEWGATE STREET |
3 Mar 2023 | £162,717 | £160,000 | 67 STATION STREET |
8 Jul 2022 | £378,796 | £375,000 | 26 THE PARADE |
21 Jan 2022 | £106,020 | £100,000 | FLAT 3 37 THE PARADE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 16 Dec 2019. Using an estimated price of £187,107 means this house is valued at £4,252 per sq meter (£395 per sq foot).
The average size of a house on NEWGATE STREET is 111 sq meters (1,199 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (473 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Local resolution | On or near Paternoster Row |
Jul 2024 | Anti-social behaviour | On or near High Street | |
Jul 2024 | Anti-social behaviour | On or near High Street | |
May 2024 | Anti-social behaviour | On or near High Street | |
May 2024 | Anti-social behaviour | On or near High Street |