£357,445
This estimated value is based upon the latest sale price for the house of £220,000 on 8 Nov 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£220,000 | 8 Nov 2013 |
£207,000 | 2 Dec 2011 |
£125,000 | 24 Nov 2000 |
Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 November 2013 the House Price Index for ESSEX was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £220,000 results in an estimated price of approximately £357,445.
8 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.5 | 148.6 | 62.475 % | £220,000 | £137,445 | £357,445 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 81.933 % | £180,253 | £400,253 |
3 Month Average | 78.385 % | £172,446 | £392,446 |
6 Month Average | 62.956 % | £138,503 | £358,503 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2023 | £180,075 | £178,500 | 69 MALTHOUSE ROAD |
28 Jul 2023 | £456,139 | £450,000 | RUSSELL HOUSE WHERRY CORNER |
23 Jun 2023 | £465,640 | £460,000 | 2 CENTRAL MALTINGS |
17 Mar 2023 | £417,837 | £413,900 | 3 ENGLISH TERRACE |
10 Jun 2022 | £608,601 | £600,000 | 4 ERSKINE ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 9 May 2013. Using an estimated price of £357,445 means this house is valued at £4,582 per sq meter (£425 per sq foot).
The average size of a house on THE WALLS is 216 sq meters (2,331 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Quay Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Erskine Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Erskine Road |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near High Street |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near High Street |