£278,996
This estimated value is based upon the latest sale price for the house of £282,000 on 27 Oct 2022. 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 Martello Road
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| Price Paid | Date |
|---|---|
| £282,000 | 27 Oct 2022 |
| £230,000 | 31 Jan 2019 |
| £138,000 | 2 Mar 2012 |
| £43,000 | 2 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,447 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 October 2022 the House Price Index for ESSEX was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £282,000 results in an estimated price of approximately £278,996.
| 27 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £282,000 | £-3,003 | £278,996 |
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 | -5.864 % | £-16,535 | £265,464 |
| 3 Month Average | 9.741 % | £27,470 | £309,470 |
| 6 Month Average | 11.296 % | £31,855 | £313,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £192,592 | £190,000 | 15 WEST STREET |
| 22 Apr 2023 | £208,748 | £206,500 | 19 HIGH STREET |
| 19 Jan 2023 | £243,851 | £245,000 | 25 CHURCHFIELD ROAD |
| 27 Oct 2022 | £278,996 | £282,000 | 25 CHURCH ROAD |
| 23 Aug 2022 | £299,195 | £300,000 | 6 ST BOTOLPHS TERRACE |
This house has a floor area of 134 sq meters or 1,447 sq feet when measured on 13 Oct 2011. Using an estimated price of £278,996 means this house is valued at £2,074 per sq meter (£192 per sq foot).
The average size of a house on CHURCH ROAD is 94 sq meters (1,017 sq feet).
This house is the largest in the street with a floor area of 134 sq meters (1,447 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Martello Road |
| Feb 2024 | Public order | Under investigation | On or near Martello Road |
| Feb 2024 | Public order | Under investigation | On or near Martello Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Station Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Street |