£170,682
This estimated value is based upon the latest sale price for the house of £168,500 on 22 Sep 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£168,500 | 22 Sep 2023 |
£144,000 | 22 Feb 2019 |
£134,000 | 1 Dec 2016 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 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 September 2023 the House Price Index for ESSEX was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £168,500 results in an estimated price of approximately £170,682.
22 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 148.6 | 1.295 % | £168,500 | £2,182 | £170,682 |
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 | -20.775 % | £-35,005 | £133,494 |
3 Month Average | -7.015 % | £-11,820 | £156,679 |
6 Month Average | -5.598 % | £-9,432 | £159,067 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
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 |
22 Jul 2022 | £110,297 | £110,000 | 2A ALBEMARLE STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 21 Jun 2016. Using an estimated price of £170,682 means this house is valued at £1,625 per sq meter (£151 per sq foot).
The average size of a house on MARIA STREET is 111 sq meters (1,201 sq feet).