£578,622
This estimated value is based upon the latest sale price for the house of £475,000 on 16 Jul 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Second Avenue
More crime details
Get our free house price tracker.
Price Paid | Date |
---|---|
£475,000 | 16 Jul 2020 |
Detached |
Freehold |
Floor Area: 163 sq meters or 1,754 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 July 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £475,000 results in an estimated price of approximately £578,622.
16 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £475,000 | £103,622 | £578,622 |
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 | 13.822 % | £65,655 | £540,655 |
3 Month Average | 19.570 % | £92,958 | £567,958 |
6 Month Average | 25.581 % | £121,507 | £596,507 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £355,461 | £350,000 | 139 MARINE PARADE EAST |
1 Jun 2023 | £479,611 | £470,000 | 123 MARINE PARADE EAST |
20 Jan 2023 | £175,469 | £175,000 | 7 GUNFLEET COURT MARINE PARADE EAST |
29 Sep 2022 | £414,723 | £415,000 | 3 THIRD AVENUE |
26 Aug 2022 | £477,232 | £475,000 | 8 FOURTH AVENUE |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 10 Jul 2018. Using an estimated price of £578,623 means this house is valued at £3,549 per sq meter (£329 per sq foot).
The average size of a house on THIRD AVENUE is 145 sq meters (1,561 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Second Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |