£96,319
This estimated value is based upon the latest sale price for the house of £78,000 on 12 Sep 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £78,000 | 12 Sep 2018 |
| £73,750 | 8 Mar 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 865 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 September 2018 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 23.487%.Applying this 23.487% change to the original purchase price of £78,000 results in an estimated price of approximately £96,319.
| 12 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £78,000 | £18,319 | £96,319 |
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 | 8.374 % | £6,531 | £84,531 |
| 3 Month Average | -0.334 % | £-260 | £77,739 |
| 6 Month Average | 12.522 % | £9,767 | £87,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £119,919 | £120,000 | 10 CROWN LANE |
| 7 Jul 2022 | £156,421 | £156,000 | 5 VICTORIA STREET |
| 16 May 2022 | £167,659 | £164,500 | 31 VICTORIA STREET |
| 12 May 2022 | £157,722 | £154,750 | 1 WADDESDON ROAD |
| 8 Apr 2022 | £144,172 | £140,000 | 3 GRAFTON ROAD |
This house has a floor area of 80 sq meters or 865 sq feet when measured on 27 Jan 2012. Using an estimated price of £96,320 means this house is valued at £1,198 per sq meter (£111 per sq foot).
The average size of a house on VICTORIA STREET is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Under investigation | On or near Victoria Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Victoria Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Victoria Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Victoria Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Victoria Street |