£241,464
This estimated value is based upon the latest sale price for the house of £142,000 on 21 Feb 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£142,000 | 21 Feb 2013 |
£154,000 | 23 Feb 2006 |
Terraced |
Freehold |
Floor Area: 222 sq meters or 2,399 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 February 2013 the House Price Index for ESSEX was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £142,000 results in an estimated price of approximately £241,464.
21 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.045 % | £142,000 | £99,464 | £241,464 |
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 | 171.175 % | £243,068 | £385,068 |
3 Month Average | 96.281 % | £136,719 | £278,719 |
6 Month Average | 71.492 % | £101,518 | £243,518 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £348,855 | £340,000 | 362 MAIN ROAD |
12 Oct 2023 | £163,718 | £160,000 | 36 BIRCH AVENUE |
16 Jun 2023 | £127,556 | £125,000 | 315B MAIN ROAD |
17 Apr 2023 | £226,231 | £222,000 | 63 BIRCH AVENUE |
23 Mar 2023 | £175,430 | £172,500 | 59 BIRCH AVENUE |
This house has a floor area of 222 sq meters or 2,399 sq feet when measured on 13 Jun 2009. Using an estimated price of £241,464 means this house is valued at £1,083 per sq meter (£100 per sq foot).
The average size of a house on MAIN ROAD is 82 sq meters (891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Maple Close |
May 2024 | Anti-social behaviour | On or near Maple Close | |
May 2024 | Anti-social behaviour | On or near Maple Close | |
May 2024 | Anti-social behaviour | On or near Maple Close | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maple Close |