£533,059
This estimated value is based upon the latest sale price for the house of £430,000 on 29 Aug 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£430,000 | 29 Aug 2019 |
Detached |
Freehold |
Floor Area: 153 sq meters or 1,646 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 August 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £430,000 results in an estimated price of approximately £533,059.
29 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £430,000 | £103,059 | £533,059 |
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 | -24.848 % | £-106,848 | £323,151 |
3 Month Average | 7.383 % | £31,747 | £461,747 |
6 Month Average | 8.580 % | £36,893 | £466,893 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £294,035 | £285,000 | 21 GLADSTONE ROAD |
18 Sep 2023 | £531,721 | £520,000 | 39 NEW TOWN ROAD |
18 Sep 2023 | £419,242 | £410,000 | 70 WINNOCK ROAD |
1 Aug 2023 | £193,490 | £190,000 | 12 GRANVILLE ROAD |
6 Jun 2023 | £224,499 | £220,000 | 44 GRANVILLE ROAD |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 9 May 2019. Using an estimated price of £533,060 means this house is valued at £3,484 per sq meter (£323 per sq foot).
The average size of a house on GLADSTONE ROAD is 104 sq meters (1,120 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gladstone Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Gladstone Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near New Town Road |
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near New Town Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Town Road |