£169,001
This estimated value is based upon the latest sale price for the house of £33,000 on 12 Jun 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£33,000 | 12 Jun 1997 |
Terraced |
Freehold |
Floor Area: 43 sq meters or 462 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 1997 the House Price Index for ESSEX was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £33,000 results in an estimated price of approximately £169,001.
12 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.0 | 148.6 | 412.126 % | £33,000 | £136,001 | £169,001 |
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 | 176.868 % | £58,366 | £91,366 |
3 Month Average | 372.751 % | £123,007 | £156,007 |
6 Month Average | 371.614 % | £122,632 | £155,632 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £232,030 | £230,000 | 77 ALBERT STREET |
7 Jul 2023 | £228,070 | £225,000 | 87 ALBERT STREET |
28 Mar 2023 | £213,512 | £211,500 | 29 ALBERT STREET |
28 Jul 2022 | £300,810 | £300,000 | 29 MERCERS WAY |
28 Apr 2022 | £227,586 | £221,000 | 44 ALBERT STREET |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 14 Jan 2020. Using an estimated price of £169,002 means this house is valued at £3,930 per sq meter (£365 per sq foot).
The average size of a house on ALBERT STREET is 62 sq meters (674 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Street |
Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Albert Street |
Jan 2024 | Other theft | Under investigation | On or near Albert Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margaret Road |
Apr 2024 | Public order | Unable to prosecute suspect | On or near North Station Road |