£213,546
This estimated value is based upon the latest sale price for the house of £62,500 on 28 Jun 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£62,500 | 28 Jun 2001 |
Terraced |
Freehold |
Floor Area: 40 sq meters or 430 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 2001 the House Price Index for ESSEX was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £62,500 results in an estimated price of approximately £213,546.
28 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 149.7 | 241.675 % | £62,500 | £151,046 | £213,546 |
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 | 93.589 % | £58,493 | £120,993 |
3 Month Average | 189.112 % | £118,194 | £180,694 |
6 Month Average | 212.290 % | £132,681 | £195,181 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2023 | £234,703 | £230,000 | 15 NORTH HILL |
11 Apr 2023 | £123,816 | £121,500 | FLAT 16 WICKHAM HOUSE, 1 NORTHGATE STREET |
16 Mar 2023 | £142,378 | £140,000 | FLAT 12 WICKHAM HOUSE, 1 NORTHGATE STREET |
8 Aug 2022 | £130,611 | £130,000 | FLAT 5 WICKHAM HOUSE, 1 NORTHGATE STREET |
3 Aug 2022 | £165,775 | £165,000 | FLAT 18 ORIEL HOUSE, 43 - 44 NORTH HILL |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 27 Feb 2020. Using an estimated price of £213,547 means this house is valued at £5,338 per sq meter (£495 per sq foot).
The average size of a house on NORTH HILL is 92 sq meters (1,000 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Green'S Yard |
Apr 2024 | Anti-social behaviour | On or near Green'S Yard | |
Apr 2024 | Anti-social behaviour | On or near Green'S Yard | |
Apr 2024 | Anti-social behaviour | On or near Green'S Yard | |
Apr 2024 | Anti-social behaviour | On or near Green'S Yard |