£149,023
This estimated value is based upon the latest sale price for the house of £87,500 on 31 Aug 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£87,500 | 31 Aug 2012 |
£65,000 | 28 Mar 2002 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,109 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 August 2012 the House Price Index for ESSEX was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £87,500 results in an estimated price of approximately £149,023.
31 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.312 % | £87,500 | £61,523 | £149,023 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 41.955 % | £36,710 | £124,210 |
3 Month Average | 47.461 % | £41,528 | £129,028 |
6 Month Average | 48.102 % | £42,089 | £129,589 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £260,277 | £258,000 | 7 PARK TERRACE |
16 Aug 2023 | £161,412 | £160,000 | 23 GWYNNE ROAD |
16 Nov 2022 | £165,989 | £168,000 | 17 GWYNNE ROAD |
4 Jul 2022 | £242,653 | £242,000 | 28 GWYNNE ROAD |
24 Jun 2022 | £182,580 | £180,000 | 8 PARK ROAD |
This house has a floor area of 103 sq meters or 1,109 sq feet when measured on 25 Sep 2011. Using an estimated price of £149,023 means this house is valued at £1,445 per sq meter (£134 per sq foot).
The average size of a house on PARK ROAD is 94 sq meters (1,021 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Park Road |
Mar 2024 | Anti-social behaviour | On or near Gwynne Road |