£280,707
This estimated value is based upon the latest sale price for the house of £187,500 on 8 Oct 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £187,500 | 8 Oct 2014 |
| £179,995 | 13 Aug 2007 |
| £148,000 | 14 Mar 2006 |
| £133,000 | 26 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 October 2014 the House Price Index for ESSEX was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £187,500 results in an estimated price of approximately £280,707.
| 8 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £187,500 | £93,207 | £280,707 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 35.592 % | £66,734 | £254,234 |
| 3 Month Average | 20.992 % | £39,360 | £226,860 |
| 6 Month Average | 47.542 % | £89,140 | £276,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £357,328 | £353,000 | 78 NEWCASTLE AVENUE |
| 19 Jun 2023 | £339,108 | £335,000 | 67 NEWCASTLE AVENUE |
| 6 Oct 2022 | £469,940 | £475,000 | 40 JAMES CARTER ROAD |
| 1 Jun 2022 | £289,085 | £285,000 | 66 NEWCASTLE AVENUE |
| 8 Sep 2021 | £371,769 | £345,000 | 65 NEWCASTLE AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 21 Mar 2013. Using an estimated price of £280,707 means this house is valued at £4,253 per sq meter (£395 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fisin Walk |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fisin Walk |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Becker Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Becker Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Becker Road |