£147,309
This estimated value is based upon the latest sale price for the house of £90,000 on 13 Nov 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£90,000 | 13 Nov 2013 |
£125,000 | 16 Jun 2006 |
Terraced |
Freehold |
Floor Area: 48 sq meters or 518 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 November 2013 the House Price Index for ESSEX was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £90,000 results in an estimated price of approximately £147,309.
13 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.5 | 149.7 | 63.678 % | £90,000 | £57,309 | £147,309 |
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 | 134.847 % | £121,362 | £211,362 |
3 Month Average | 70.090 % | £63,080 | £153,080 |
6 Month Average | 62.177 % | £55,959 | £145,959 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £95,000 | £95,000 | 51 GARLAND ROAD |
1 Aug 2023 | £190,944 | £187,500 | 5 TYLER STREET |
29 Jun 2023 | £153,067 | £150,000 | 46 GARLAND ROAD |
15 Nov 2022 | £254,809 | £256,000 | 5 GARLAND ROAD |
31 Aug 2022 | £200,940 | £200,000 | 9 ADELAIDE STREET |
This house has a floor area of 48 sq meters or 518 sq feet when measured on 3 Mar 2010. Using an estimated price of £147,310 means this house is valued at £3,056 per sq meter (£283 per sq foot).
The average size of a house on GARLAND ROAD is 78 sq meters (847 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Garland Road |
Jul 2024 | Anti-social behaviour | On or near Garland Road | |
Jul 2024 | Vehicle crime | Under investigation | On or near Garland Road |
Jun 2024 | Anti-social behaviour | On or near Garland Road | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Garland Road |