£507,508
This estimated value is based upon the latest sale price for the house of £380,000 on 27 Jun 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £380,000 | 27 Jun 2016 |
| £345,000 | 14 Sep 2015 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,379 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 June 2016 the House Price Index for ESSEX was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £380,000 results in an estimated price of approximately £507,508.
| 27 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £380,000 | £127,508 | £507,508 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 41.019 % | £155,873 | £535,873 |
| 3 Month Average | 22.496 % | £85,484 | £465,484 |
| 6 Month Average | 37.272 % | £141,631 | £521,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £209,995 | £209,995 | FLAT 2 60 CONNAUGHT AVENUE |
| 14 Nov 2022 | £543,418 | £550,000 | SHERRINGTON COTTAGE OLD ROAD |
| 3 Oct 2022 | £667,810 | £675,000 | 68 FOURTH AVENUE |
| 16 May 2022 | £1,009,012 | £990,000 | 36 FOURTH AVENUE |
| 4 May 2022 | £224,225 | £220,000 | 34A CONNAUGHT AVENUE |
This house has a floor area of 128 sq meters or 1,379 sq feet when measured on 28 Mar 2012. Using an estimated price of £507,509 means this house is valued at £3,959 per sq meter (£367 per sq foot).
The average size of a house on OLD ROAD is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Old Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Old Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Shopping Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Connaught Avenue |