£344,067
This estimated value is based upon the latest sale price for the house of £95,500 on 11 Dec 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £95,500 | 11 Dec 2000 |
| Terraced |
| Freehold |
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 December 2000 the House Price Index for ESSEX was 41.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 260.280%.Applying this 260.280% change to the original purchase price of £95,500 results in an estimated price of approximately £344,067.
| 11 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.6 | 260.280 % | £95,500 | £248,567 | £344,067 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | 137.962 % | £131,753 | £227,253 |
| 3 Month Average | 216.284 % | £206,551 | £302,051 |
| 6 Month Average | 240.804 % | £229,967 | £325,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £218,231 | £215,000 | 38 NORTH STREET |
| 23 Jun 2023 | £187,268 | £185,000 | FLAT 5 ELIZABETH HOUSE LOCKS HILL |
| 13 Feb 2023 | £189,872 | £190,000 | FLAT 10 ELIZABETH HOUSE LOCKS HILL |
| 3 Aug 2022 | £373,993 | £375,000 | 36 NORTH STREET |
| 22 Jul 2022 | £381,026 | £380,000 | 15 BRAYERS MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Locks Hill |
| Apr 2024 | Anti-social behaviour | On or near South Street | |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near South Street |
| Jan 2024 | Anti-social behaviour | On or near South Street | |
| Jan 2024 | Anti-social behaviour | On or near South Street |