£299,126
This estimated value is based upon the latest sale price for the house of £185,000 on 17 Dec 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £185,000 | 17 Dec 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 December 2013 the House Price Index for ESSEX was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £185,000 results in an estimated price of approximately £299,126.
| 17 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £185,000 | £114,126 | £299,126 |
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 | 10.113 % | £18,709 | £203,709 |
| 3 Month Average | 52.413 % | £96,963 | £281,963 |
| 6 Month Average | 40.628 % | £75,162 | £260,162 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £229,601 | £225,000 | 11 YORK PLACE |
| 14 Jun 2023 | £346,953 | £340,000 | 20 LINCOLN WAY |
| 2 Jun 2023 | £336,748 | £330,000 | 53 GUILDFORD ROAD |
| 28 Nov 2022 | £283,674 | £285,000 | GARAGE K YORK PLACE |
| 28 Nov 2022 | £283,674 | £285,000 | 7 YORK PLACE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 6 Apr 2016. Using an estimated price of £299,126 means this house is valued at £2,795 per sq meter (£259 per sq foot).
The average size of a house on LINCOLN WAY is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Durham Square |
| Apr 2024 | Public order | Under investigation | On or near Durham Square |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bristol Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bristol Road |
| Jul 2024 | Public order | Under investigation | On or near Bristol Road |