£523,788
This estimated value is based upon the latest sale price for the house of £348,000 on 4 Sep 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£348,000 | 4 Sep 2014 |
Detached |
Freehold |
Floor Area: 150 sq meters or 1,614 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 2014 the House Price Index for ESSEX was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £348,000 results in an estimated price of approximately £523,788.
4 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 148.6 | 50.514 % | £348,000 | £175,788 | £523,788 |
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 | 165.464 % | £575,814 | £923,814 |
3 Month Average | 102.291 % | £355,971 | £703,971 |
6 Month Average | 81.482 % | £283,558 | £631,558 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £248,004 | £245,000 | 25 SKIPPERS WAY |
19 Jan 2023 | £243,851 | £245,000 | 25 CHURCHFIELD ROAD |
22 Jul 2022 | £250,675 | £250,000 | 3 SECRET WATERS |
1 Jun 2022 | £233,297 | £230,000 | 11 MARINA MEWS |
22 Nov 2021 | £260,104 | £240,500 | 5 VICARAGE LANE |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 29 Jan 2013. Using an estimated price of £523,788 means this house is valued at £3,491 per sq meter (£324 per sq foot).
There is one other house on the street which we know the size of, this is 24 MILL LANE it is 155.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Shopping Area |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
Mar 2024 | Public order | Under investigation | On or near Supermarket |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |