£443,632
This estimated value is based upon the latest sale price for the house of £77,500 on 4 Dec 1995. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £77,500 | 4 Dec 1995 |
| £88,000 | 21 Aug 1995 |
| Detached |
| 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 December 1995 the House Price Index for ESSEX was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 472.429%.Applying this 472.429% change to the original purchase price of £77,500 results in an estimated price of approximately £443,632.
| 4 Dec 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 472.429 % | £77,500 | £366,132 | £443,632 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 273.960 % | £212,318 | £289,818 |
| 3 Month Average | 437.704 % | £339,220 | £416,720 |
| 6 Month Average | 433.039 % | £335,605 | £413,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £287,000 | £287,000 | 51 CAUSTON ROAD |
| 30 Apr 2024 | £383,329 | £380,000 | 5 KINGS HEAD COURT |
| 23 Aug 2023 | £290,235 | £285,000 | 43 MARGARET ROAD |
| 4 Aug 2023 | £300,418 | £295,000 | 3 MARGARET ROAD |
| 28 Jun 2023 | £252,561 | £247,500 | 55 COWDRAY AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 15 Mar 2016. Using an estimated price of £443,633 means this house is valued at £6,161 per sq meter (£572 per sq foot).
There is one other house on the street which we know the size of, this is 1 KINGS HEAD COURT it is 129.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Head Court |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Head Court |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Margaret Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margaret Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Serpentine Walk |