£373,993
This estimated value is based upon the latest sale price for the house of £375,000 on 3 Aug 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £375,000 | 3 Aug 2022 |
| £200,000 | 15 Dec 2006 |
| £195,000 | 12 Mar 2004 |
| £118,000 | 1 Oct 2001 |
| Detached |
| 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 August 2022 the House Price Index for ESSEX was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £375,000 results in an estimated price of approximately £373,993.
| 3 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £375,000 | £-1,006 | £373,993 |
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 | -47.714 % | £-178,928 | £196,071 |
| 3 Month Average | -22.150 % | £-83,063 | £291,936 |
| 6 Month Average | -14.725 % | £-55,219 | £319,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £218,231 | £215,000 | 38 NORTH STREET |
| 21 Jul 2023 | £175,360 | £173,000 | FLAT 25 BOLEYN HOUSE ROCHE CLOSE |
| 3 Aug 2022 | £373,993 | £375,000 | 36 NORTH STREET |
| 24 Jun 2022 | £126,792 | £125,000 | FLAT 28 ORMOND HOUSE ROCHE CLOSE |
| 16 May 2022 | £281,300 | £276,000 | FLAT 3 GORDONS YARD EAST STREET |