£449,256
This estimated value is based upon the latest sale price for the house of £345,000 on 25 Apr 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Second Avenue
More crime details
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Price Paid | Date |
---|---|
£345,000 | 25 Apr 2017 |
£266,000 | 29 May 2008 |
£92,500 | 22 Jan 1997 |
Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 April 2017 the House Price Index for ESSEX was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £345,000 results in an estimated price of approximately £449,256.
25 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 149.7 | 30.219 % | £345,000 | £104,256 | £449,256 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 14.508 % | £50,053 | £395,053 |
3 Month Average | 10.451 % | £36,056 | £381,056 |
6 Month Average | 24.306 % | £83,854 | £428,854 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £355,461 | £350,000 | 139 MARINE PARADE EAST |
1 Jun 2023 | £479,611 | £470,000 | 123 MARINE PARADE EAST |
20 Jan 2023 | £175,469 | £175,000 | 7 GUNFLEET COURT MARINE PARADE EAST |
29 Sep 2022 | £414,723 | £415,000 | 3 THIRD AVENUE |
26 Aug 2022 | £477,232 | £475,000 | 8 FOURTH AVENUE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 9 Feb 2013. Using an estimated price of £449,256 means this house is valued at £3,327 per sq meter (£309 per sq foot).
The average size of a house on THIRD AVENUE is 145 sq meters (1,561 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
Jul 2024 | Burglary | Under investigation | On or near Second Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |