£369,960
This estimated value is based upon the latest sale price for the house of £205,000 on 4 Aug 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £205,000 | 4 Aug 2009 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,686 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 August 2009 the House Price Index for ESSEX was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £205,000 results in an estimated price of approximately £369,960.
| 4 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.6 | 80.468 % | £205,000 | £164,960 | £369,960 |
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 | 74.056 % | £151,815 | £356,815 |
| 3 Month Average | 66.916 % | £137,178 | £342,178 |
| 6 Month Average | 64.724 % | £132,683 | £337,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £317,196 | £312,500 | 9 RUSSELL ROAD |
| 5 Apr 2023 | £535,769 | £530,000 | 25 LANCASTER GARDENS WEST |
| 29 Jun 2022 | £395,590 | £390,000 | 17 VICTORIA ROAD |
| 29 Mar 2022 | £466,318 | £450,000 | 8 ALBERT GARDENS |
| 21 Mar 2022 | £512,950 | £495,000 | 1 LANCASTER GARDENS WEST |
This house has a floor area of 156 sq meters or 1,686 sq feet when measured on 4 Feb 2009. Using an estimated price of £369,960 means this house is valued at £2,361 per sq meter (£219 per sq foot).
The average size of a house on VICTORIA ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Road |
| Jan 2024 | Possession of weapons | Under investigation | On or near Victoria Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Victoria Road |
| Mar 2024 | Anti-social behaviour | On or near Russell Road | |
| Mar 2024 | Anti-social behaviour | On or near Russell Road |