£155,743
This estimated value is based upon the latest sale price for the house of £127,000 on 2 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £127,000 | 2 Oct 2019 |
| £95,000 | 18 Oct 2013 |
| £42,500 | 23 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,307 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £127,000 results in an estimated price of approximately £155,743.
| 2 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £127,000 | £28,743 | £155,743 |
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 | 9.046 % | £11,488 | £138,488 |
| 3 Month Average | 4.999 % | £6,348 | £133,348 |
| 6 Month Average | 13.042 % | £16,562 | £143,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £165,111 | £163,000 | 55 STOUR ROAD |
| 22 Sep 2023 | £170,682 | £168,500 | 24 MARIA STREET |
| 24 Jul 2023 | £167,251 | £165,000 | 5 MARIA STREET |
| 10 Mar 2023 | £105,999 | £105,000 | 2 ELIZABETH HOUSE ALBEMARLE STREET |
| 16 Feb 2023 | £184,876 | £185,000 | BASE FLAT 33 STOUR ROAD |
This house has a floor area of 121 sq meters or 1,307 sq feet when measured on 31 Oct 2011. Using an estimated price of £155,743 means this house is valued at £1,281 per sq meter (£119 per sq foot).
The average size of a house on MARIA STREET is 111 sq meters (1,201 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,307 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near Pepys Street |