£160,156
This estimated value is based upon the latest sale price for the house of £125,000 on 14 Jun 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£125,000 | 14 Jun 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 2017 the House Price Index for ESSEX was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £125,000 results in an estimated price of approximately £160,156.
14 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £125,000 | £35,156 | £160,156 |
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 | -39.431 % | £-49,289 | £75,710 |
3 Month Average | 1.295 % | £1,619 | £126,619 |
6 Month Average | 0.159 % | £199 | £125,199 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £497,363 | £490,000 | 70 HIGH STREET |
11 Apr 2023 | £118,779 | £117,500 | FLAT 2 3A PRIORY STREET |
6 Jan 2023 | £288,640 | £290,000 | 1 GREYFRIARS COURT CASTLE ROAD |
24 Jun 2022 | £136,935 | £135,000 | 4 THE VIEW MUSEUM STREET |
31 May 2022 | £127,932 | £125,521 | 10 THE VIEW MUSEUM STREET |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 4 Feb 2017. Using an estimated price of £160,157 means this house is valued at £4,003 per sq meter (£371 per sq foot).
There is one other house on the street which we know the size of, this is 3 QUEEN STREET it is 47.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Awaiting court outcome | On or near Cowdray Crescent |
Mar 2024 | Drugs | Local resolution | On or near Cowdray Crescent |
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Cowdray Crescent |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Cowdray Crescent |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cowdray Crescent |