£78,447
This estimated value is based upon the latest sale price for the house of £46,000 on 18 May 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £46,000 | 18 May 2012 |
| £77,500 | 9 Sep 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 May 2012 the House Price Index for ESSEX was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £46,000 results in an estimated price of approximately £78,447.
| 18 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £46,000 | £32,447 | £78,447 |
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 | 64.725 % | £29,773 | £75,773 |
| 3 Month Average | 58.350 % | £26,840 | £72,840 |
| 6 Month Average | 55.254 % | £25,416 | £71,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £703,306 | £691,000 | 2 STATION ROAD |
| 31 Jul 2023 | £162,183 | £160,000 | 31 ROSEMARY ROAD |
| 14 Jul 2023 | £269,629 | £266,000 | FLAT 1 31 PALLISTER ROAD |
| 2 Jun 2023 | £251,041 | £248,000 | 21 PALLISTER ROAD |
| 10 Feb 2023 | £120,669 | £120,750 | 15A STATION ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 27 Jul 2021. Using an estimated price of £78,447 means this house is valued at £1,480 per sq meter (£137 per sq foot).
The average size of a house on PALLISTER ROAD is 61 sq meters (664 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Colne Road |
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Colne Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colne Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colne Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colne Road |