£206,388
This estimated value is based upon the latest sale price for the house of £185,000 on 26 Aug 2021. 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 Martello Road
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| Price Paid | Date |
|---|---|
| £185,000 | 26 Aug 2021 |
| £120,000 | 1 Nov 2004 |
| £52,500 | 8 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2021 the House Price Index for ESSEX was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £185,000 results in an estimated price of approximately £206,388.
| 26 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £185,000 | £21,388 | £206,388 |
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 | 24.534 % | £45,387 | £230,387 |
| 3 Month Average | 16.704 % | £30,902 | £215,902 |
| 6 Month Average | 15.257 % | £28,224 | £213,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £192,592 | £190,000 | 15 WEST STREET |
| 23 Jun 2023 | £35,429 | £35,000 | 1 PRIORY COURT STATION STREET |
| 22 Apr 2023 | £208,748 | £206,500 | 19 HIGH STREET |
| 19 Jan 2023 | £243,851 | £245,000 | 25 CHURCHFIELD ROAD |
| 27 Oct 2022 | £278,996 | £282,000 | 25 CHURCH ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 30 Sep 2013. Using an estimated price of £206,389 means this house is valued at £2,866 per sq meter (£266 per sq foot).
The average size of a house on WEST STREET is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Martello Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Martello Road |
| Feb 2024 | Public order | Under investigation | On or near Martello Road |
| Apr 2024 | Burglary | Under investigation | On or near Church Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Station Street |