£426,197
This estimated value is based upon the latest sale price for the house of £345,000 on 18 Jan 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£345,000 | 18 Jan 2019 |
£340,000 | 17 Jan 2017 |
£185,000 | 11 Feb 2015 |
Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 January 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £345,000 results in an estimated price of approximately £426,197.
18 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £345,000 | £81,197 | £426,197 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 30.292 % | £104,506 | £449,506 |
3 Month Average | 6.711 % | £23,152 | £368,152 |
6 Month Average | 2.080 % | £7,177 | £352,177 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £296,000 | £296,000 | 62 HAVERING CLOSE |
12 Aug 2022 | £272,262 | £272,995 | 9 JUBILEE AVENUE |
18 Mar 2022 | £251,294 | £242,500 | 35 JUBILEE AVENUE |
7 Feb 2022 | £209,739 | £200,000 | 27 JUBILEE AVENUE |
5 Nov 2021 | £227,118 | £210,000 | 24 JUBILEE AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 25 Mar 2018. Using an estimated price of £426,198 means this house is valued at £4,137 per sq meter (£384 per sq foot).
The average size of a house on LONDON ROAD is 135 sq meters (1,457 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near London Road |
Mar 2024 | Anti-social behaviour | On or near London Road | |
Mar 2024 | Anti-social behaviour | On or near London Road | |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Supermarket |
Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |