£226,654
This estimated value is based upon the latest sale price for the house of £210,000 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £210,000 | 15 Dec 2021 |
| £137,000 | 30 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £210,000 results in an estimated price of approximately £226,654.
| 15 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £210,000 | £16,654 | £226,654 |
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 | 43.349 % | £91,032 | £301,032 |
| 3 Month Average | 10.178 % | £21,374 | £231,374 |
| 6 Month Average | 10.546 % | £22,147 | £232,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £327,500 | £327,500 | 15 ELMHURST ROAD |
| 2 May 2024 | £465,000 | £465,000 | 108 FRONKS ROAD |
| 27 Nov 2023 | £348,855 | £340,000 | 362 MAIN ROAD |
| 26 Jun 2023 | £377,566 | £370,000 | 90 FRONKS ROAD |
| 16 Jun 2023 | £127,556 | £125,000 | 315B MAIN ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 11 Jul 2016. Using an estimated price of £226,655 means this house is valued at £3,907 per sq meter (£363 per sq foot).
The average size of a house on OLD VICARAGE ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Old Vicarage Road | |
| May 2024 | Anti-social behaviour | On or near Old Vicarage Road | |
| May 2024 | Anti-social behaviour | On or near Old Vicarage Road | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Maple Close |
| May 2024 | Anti-social behaviour | On or near Maple Close |