£198,726
This estimated value is based upon the latest sale price for the house of £120,000 on 6 Sep 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £120,000 | 6 Sep 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2013 the House Price Index for ESSEX was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £120,000 results in an estimated price of approximately £198,726.
| 6 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £120,000 | £78,726 | £198,726 |
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 | 157.726 % | £189,271 | £309,271 |
| 3 Month Average | 76.268 % | £91,522 | £211,522 |
| 6 Month Average | 65.665 % | £78,798 | £198,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £301,773 | £292,500 | 14 DOVE CRESCENT |
| 23 Nov 2023 | £238,556 | £232,500 | 7 VALLEY ROAD |
| 1 Aug 2023 | £232,188 | £228,000 | 43 VALLEY ROAD |
| 24 Apr 2023 | £286,356 | £281,000 | 17 DEVON WAY |
| 30 Mar 2023 | £233,906 | £230,000 | 21 VALLEY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 Mar 2013. Using an estimated price of £198,726 means this house is valued at £2,722 per sq meter (£252 per sq foot).
The average size of a house on RAMSEY ROAD is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Valley Road |
| Jun 2024 | Drugs | Under investigation | On or near Valley Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dove Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dove Crescent |