£85,943
This estimated value is based upon the latest sale price for the house of £50,000 on 25 Jan 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£50,000 | 25 Jan 2012 |
£43,000 | 28 Nov 2003 |
£15,000 | 28 Nov 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 22 sq meters or 236 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 2012 the House Price Index for ESSEX was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £50,000 results in an estimated price of approximately £85,943.
25 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 148.6 | 71.888 % | £50,000 | £35,943 | £85,943 |
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 | -1.201 % | £-600 | £49,399 |
3 Month Average | 38.217 % | £19,108 | £69,108 |
6 Month Average | 37.807 % | £18,903 | £68,903 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £209,474 | £207,500 | 27 IPSWICH ROAD |
27 Feb 2023 | £237,840 | £238,000 | 34 IPSWICH ROAD |
18 Nov 2022 | £74,102 | £75,000 | 57 EAST STREET |
10 Nov 2022 | £187,726 | £190,000 | 36 EAST STREET |
4 Nov 2022 | £219,837 | £222,500 | 30 IPSWICH ROAD |
This house has a floor area of 22 sq meters or 236 sq feet when measured on 31 May 2019. Using an estimated price of £85,944 means this house is valued at £3,906 per sq meter (£362 per sq foot).
The average size of a house on EAST STREET is 75 sq meters (807 sq feet).
This house is the smallest in the street with a floor area of 22 sq meters (236 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Old Coach Road |
Apr 2024 | Other theft | Under investigation | On or near Old Coach Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Coach Road |
Mar 2024 | Anti-social behaviour | On or near Old Coach Road | |
Mar 2024 | Other crime | Unable to prosecute suspect | On or near Old Coach Road |