£211,165
This estimated value is based upon the latest sale price for the house of £115,000 on 7 Jul 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£115,000 | 7 Jul 2009 |
Semi-Detached |
Freehold |
Floor Area: 60 sq meters or 645 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 2009 the House Price Index for ESSEX was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £115,000 results in an estimated price of approximately £211,165.
7 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.622 % | £115,000 | £96,165 | £211,165 |
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 | 24.981 % | £28,728 | £143,728 |
3 Month Average | 66.025 % | £75,929 | £190,929 |
6 Month Average | 61.562 % | £70,796 | £185,796 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £277,545 | £270,500 | 39 CROMWELL ROAD |
16 Oct 2023 | £419,528 | £410,000 | 184 MAGDALEN STREET |
12 Oct 2023 | £196,462 | £192,000 | 14 SHRUBLAND ROAD |
8 Aug 2023 | £208,765 | £205,000 | 23 GOLDEN NOBLE HILL |
31 Mar 2023 | £146,446 | £144,000 | FLAT 2 9 - 10 MAGDALEN STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 13 Feb 2014. Using an estimated price of £211,165 means this house is valued at £3,519 per sq meter (£326 per sq foot).
The average size of a house on MAGDALEN STREET is 59 sq meters (636 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colchester Town |
May 2024 | Anti-social behaviour | On or near Colchester Town | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colchester Town |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colchester Town |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colchester Town |