£272,089
This estimated value is based upon the latest sale price for the house of £267,000 on 21 Apr 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £267,000 | 21 Apr 2023 |
| £183,000 | 4 Dec 2020 |
| £45,000 | 5 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2023 the House Price Index for ESSEX was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £267,000 results in an estimated price of approximately £272,089.
| 21 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £267,000 | £5,089 | £272,089 |
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 | -28.265 % | £-75,468 | £191,531 |
| 3 Month Average | -5.784 % | £-15,443 | £251,556 |
| 6 Month Average | -9.620 % | £-25,684 | £241,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £218,548 | £213,000 | 26 MILL STREET |
| 10 Nov 2023 | £215,469 | £210,000 | 15 MILL STREET |
| 18 Oct 2023 | £147,858 | £144,500 | 61 MILITARY ROAD |
| 8 Aug 2023 | £208,765 | £205,000 | 23 GOLDEN NOBLE HILL |
| 4 Aug 2023 | £244,408 | £240,000 | 32 MILL STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 5 Aug 2020. Using an estimated price of £272,089 means this house is valued at £3,488 per sq meter (£324 per sq foot).
The average size of a house on MILL STREET is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mill Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mill Street |
| Jul 2024 | Vehicle crime | Under investigation | On or near Mill Street |
| Jul 2024 | Public order | Under investigation | On or near Mill Street |
| Jul 2024 | Public order | Under investigation | On or near Mill Street |