£141,736
This estimated value is based upon the latest sale price for the house of £87,000 on 11 Jun 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £87,000 | 11 Jun 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,160 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 June 2008 the House Price Index for ESSEX was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.916%.Applying this 62.916% change to the original purchase price of £87,000 results in an estimated price of approximately £141,736.
| 11 Jun 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.916 % | £87,000 | £54,736 | £141,736 |
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 | 112.594 % | £97,956 | £184,956 |
| 3 Month Average | 62.202 % | £54,115 | £141,115 |
| 6 Month Average | 47.898 % | £41,671 | £128,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £350,779 | £340,000 | 2 HILL ROAD |
| 1 Dec 2023 | £196,023 | £190,000 | 17 NELSON ROAD |
| 26 Oct 2023 | £332,553 | £325,000 | 25 STATION LANE |
| 12 Oct 2023 | £92,092 | £90,000 | 9 STEELE HOUSE HIGH STREET |
| 30 Jun 2023 | £295,930 | £290,000 | PATTRICKS HOUSE PATTRICKS LANE |
This house has a floor area of 107 sq meters or 1,160 sq feet when measured on 15 Jul 2010. Using an estimated price of £141,737 means this house is valued at £1,314 per sq meter (£122 per sq foot).
The average size of a house on STATION LANE is 116 sq meters (1,253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Lane |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Lane |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Station Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Paddock Close |