£306,165
This estimated value is based upon the latest sale price for the house of £225,000 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£225,000 | 30 Mar 2016 |
£170,000 | 15 Mar 2013 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £225,000 results in an estimated price of approximately £306,165.
30 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £225,000 | £81,165 | £306,165 |
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 | 117.436 % | £264,231 | £489,231 |
3 Month Average | 57.802 % | £130,054 | £355,054 |
6 Month Average | 46.780 % | £105,255 | £330,255 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £350,383 | £345,000 | 2 FRONKS AVENUE |
26 Jun 2023 | £377,566 | £370,000 | 90 FRONKS ROAD |
13 Jun 2023 | £117,352 | £115,000 | FLAT 7 BEACH COURT ST GEORGES AVENUE |
24 Feb 2023 | £211,412 | £210,000 | FLAT 25 PHOENIX PAVILIONS LOWER MARINE PARADE |
19 Aug 2022 | £316,480 | £315,000 | FLAT 5 PHOENIX PAVILIONS LOWER MARINE PARADE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 30 Nov 2015. Using an estimated price of £306,166 means this house is valued at £4,569 per sq meter (£424 per sq foot).
The average size of a house on FRONKS AVENUE is 124 sq meters (1,339 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near St George'S Avenue |
Jun 2024 | Public order | Under investigation | On or near St George'S Avenue |
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Lower Marine Parade |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lower Marine Parade |
Jul 2024 | Anti-social behaviour | On or near Beach Road |