£267,801
This estimated value is based upon the latest sale price for the house of £140,000 on 18 Oct 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£140,000 | 18 Oct 2004 |
Terraced |
Freehold |
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 2004 the House Price Index for ESSEX was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £140,000 results in an estimated price of approximately £267,801.
18 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 149.7 | 91.287 % | £140,000 | £127,801 | £267,801 |
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 | 38.796 % | £54,314 | £194,314 |
3 Month Average | 48.332 % | £67,664 | £207,664 |
6 Month Average | 56.940 % | £79,716 | £219,716 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £302,628 | £300,000 | 11 SHALFLEET COURT |
23 Apr 2024 | £242,102 | £240,000 | 18 ST HELENS AVENUE |
24 Mar 2023 | £203,397 | £200,000 | 168 THORPE ROAD |
2 Feb 2023 | £261,748 | £260,000 | 186 THORPE ROAD |
31 Jan 2023 | £451,206 | £450,000 | 127 THORPE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bembridge Close |
May 2024 | Other crime | Unable to prosecute suspect | On or near St Helens Avenue |
Jul 2024 | Burglary | Under investigation | On or near Shalfleet Court |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Freshwater Lane |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Freshwater Lane |