£215,787
This estimated value is based upon the latest sale price for the house of £55,000 on 14 Feb 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £55,000 | 14 Feb 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2000 the House Price Index for ESSEX was 37.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 292.341%.Applying this 292.341% change to the original purchase price of £55,000 results in an estimated price of approximately £215,787.
| 14 Feb 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.9 | 148.6 | 292.341 % | £55,000 | £160,787 | £215,787 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 376.724 % | £207,198 | £262,198 |
| 3 Month Average | 340.049 % | £187,027 | £242,027 |
| 6 Month Average | 338.686 % | £186,277 | £241,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £192,592 | £190,000 | 15 WEST STREET |
| 23 Jun 2023 | £35,429 | £35,000 | 1 PRIORY COURT STATION STREET |
| 2 Jun 2023 | £303,678 | £300,000 | 7 THE PARADE |
| 17 Jun 2022 | £183,595 | £181,000 | 18 CHURCH ROAD |
| 17 Dec 2021 | £229,275 | £214,000 | 21 CHURCH ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 22 May 2018. Using an estimated price of £215,787 means this house is valued at £2,320 per sq meter (£215 per sq foot).
The average size of a house on CRESCENT ROAD is 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Street |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Station Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Station Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Station Street |