£238,063
This estimated value is based upon the latest sale price for the house of £140,000 on 15 Feb 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £140,000 | 15 Feb 2013 |
| £143,000 | 20 Jan 2006 |
| £81,150 | 23 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 873 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 February 2013 the House Price Index for ESSEX was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £140,000 results in an estimated price of approximately £238,063.
| 15 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £140,000 | £98,063 | £238,063 |
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 | 171.175 % | £239,645 | £379,645 |
| 3 Month Average | 96.281 % | £134,793 | £274,793 |
| 6 Month Average | 71.492 % | £100,088 | £240,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £87,695 | £85,000 | 9 HORDLE PLACE |
| 8 Aug 2023 | £162,939 | £160,000 | 15 EMPIRE ROAD |
| 29 Mar 2023 | £165,260 | £162,500 | 22 HORDLE STREET |
| 9 Aug 2022 | £145,681 | £145,000 | FIRST FLOOR FLAT 3 CLIFF ROAD |
| 17 Jan 2022 | £95,418 | £90,000 | FLAT 4, 179 HIGH STREET |
This house has a floor area of 81 sq meters or 873 sq feet when measured on 6 Jan 2011. Using an estimated price of £238,063 means this house is valued at £2,934 per sq meter (£272 per sq foot).
The average size of a house on EMPIRE ROAD is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mill Lane |
| May 2024 | Anti-social behaviour | On or near Mill Lane | |
| May 2024 | Anti-social behaviour | On or near Mill Lane | |
| May 2024 | Anti-social behaviour | On or near Mill Lane | |
| May 2024 | Anti-social behaviour | On or near Mill Lane |