£313,760
This estimated value is based upon the latest sale price for the house of £250,000 on 9 Jan 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 9 Jan 2018 |
| £200,000 | 29 Aug 2006 |
| £175,000 | 7 Apr 2004 |
| £130,000 | 28 Mar 2002 |
| £63,500 | 12 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,414 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 January 2018 the House Price Index for ESSEX was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £250,000 results in an estimated price of approximately £313,760.
| 9 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £250,000 | £63,760 | £313,760 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 19.241 % | £48,101 | £298,101 |
| 3 Month Average | 11.204 % | £28,008 | £278,008 |
| 6 Month Average | 12.370 % | £30,925 | £280,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £147,179 | £145,000 | 23 WALTON ROAD |
| 20 Jul 2023 | £273,683 | £270,000 | 74 VISTA ROAD |
| 30 Jun 2023 | £506,131 | £500,000 | 63 SKELMERSDALE ROAD |
| 30 Jun 2023 | £359,353 | £355,000 | 8 COLLEGE ROAD |
| 8 Mar 2023 | £232,188 | £230,000 | 15 AVONDALE ROAD |
This house has a floor area of 131 sq meters or 1,414 sq feet when measured on 21 Mar 2012. Using an estimated price of £313,760 means this house is valued at £2,387 per sq meter (£221 per sq foot).
The average size of a house on WALTON ROAD is 110 sq meters (1,186 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Walton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Avondale Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Avondale Road |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near College Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near College Road |