£232,343
This estimated value is based upon the latest sale price for the house of £160,000 on 12 Jun 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £160,000 | 12 Jun 2015 |
| £159,500 | 7 Sep 2007 |
| £73,000 | 13 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £160,000 results in an estimated price of approximately £232,343.
| 12 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £160,000 | £72,343 | £232,343 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -26.423 % | £-42,277 | £117,722 |
| 3 Month Average | 17.784 % | £28,454 | £188,454 |
| 6 Month Average | 26.139 % | £41,822 | £201,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £216,201 | £213,000 | 26 MILL STREET |
| 10 Nov 2023 | £213,156 | £210,000 | 15 MILL STREET |
| 4 Aug 2023 | £242,118 | £240,000 | 32 MILL STREET |
| 21 Apr 2023 | £269,906 | £267,000 | 27 MILL STREET |
| 17 Jan 2022 | £218,375 | £207,500 | 6 GOLDEN NOBLE HILL |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 19 Nov 2014. Using an estimated price of £232,344 means this house is valued at £2,733 per sq meter (£253 per sq foot).
The average size of a house on MILL STREET is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Mill Street |
| Apr 2024 | Drugs | Local resolution | On or near Golden Noble Hill |
| Apr 2024 | Anti-social behaviour | On or near Golden Noble Hill | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Golden Noble Hill |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Golden Noble Hill |