£166,770
This estimated value is based upon the latest sale price for the house of £114,000 on 29 Jun 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £114,000 | 29 Jun 2015 |
| £101,680 | 17 Apr 2014 |
| £116,995 | 8 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 June 2015 the House Price Index for ESSEX was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £114,000 results in an estimated price of approximately £166,770.
| 29 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £114,000 | £52,770 | £166,770 |
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 | 130.014 % | £148,215 | £262,215 |
| 3 Month Average | 54.421 % | £62,040 | £176,040 |
| 6 Month Average | 44.169 % | £50,352 | £164,352 |
| 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 51 sq meters or 548 sq feet when measured on 25 Jan 2014. Using an estimated price of £166,770 means this house is valued at £3,270 per sq meter (£303 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 |