£221,110
This estimated value is based upon the latest sale price for the house of £150,000 on 20 Mar 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £150,000 | 20 Mar 2015 |
| Freehold |
| Floor Area: 45 sq meters or 484 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 March 2015 the House Price Index for ESSEX was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £150,000 results in an estimated price of approximately £221,110.
| 20 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £150,000 | £71,110 | £221,110 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -17.702 % | £-26,553 | £123,446 |
| 3 Month Average | 30.773 % | £46,158 | £196,158 |
| 6 Month Average | 32.695 % | £49,042 | £199,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £142,104 | £140,000 | FLAT 8 STOPES HOUSE EAGLEGATE |
| 22 Sep 2023 | £303,885 | £300,000 | 38 EAST HILL |
| 22 Sep 2023 | £293,756 | £290,000 | 6 SMYTHIES AVENUE |
| 20 Jul 2023 | £202,729 | £200,000 | 36A EAST HILL |
| 14 Apr 2023 | £353,810 | £350,000 | 21 HILLSLEIGH MEWS |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 26 Sep 2018. Using an estimated price of £221,110 means this house is valued at £4,913 per sq meter (£456 per sq foot).
The average size of a house on EAST HILL is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eaglegate |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eaglegate |