£415,986
This estimated value is based upon the latest sale price for the house of £340,000 on 11 Feb 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £340,000 | 11 Feb 2020 |
| £77,000 | 4 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £340,000 results in an estimated price of approximately £415,986.
| 11 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £340,000 | £75,986 | £415,986 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 36.100 % | £122,739 | £462,739 |
| 3 Month Average | -3.871 % | £-13,162 | £326,837 |
| 6 Month Average | 5.875 % | £19,974 | £359,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £160,000 | £160,000 | FLAT 124 FRINTON LODGE THE ESPLANADE |
| 14 Nov 2023 | £685,143 | £675,000 | 6 ETON ROAD |
| 12 Sep 2023 | £683,742 | £675,000 | 12 CAMBRIDGE ROAD |
| 3 Feb 2023 | £249,832 | £250,000 | FLAT 110 FRINTON LODGE THE ESPLANADE |
| 23 Sep 2022 | £734,072 | £740,000 | 10 ETON ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 20 Feb 2019. Using an estimated price of £415,987 means this house is valued at £4,201 per sq meter (£390 per sq foot).
The average size of a house on THE ESPLANADE is 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oxford Road |
| Feb 2024 | Anti-social behaviour | On or near Winchester Road | |
| Feb 2024 | Anti-social behaviour | On or near Winchester Road | |
| Feb 2024 | Anti-social behaviour | On or near Winchester Road | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Mary'S Road |