£251,380
This estimated value is based upon the latest sale price for the house of £202,500 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near King Stephen Road
More crime details
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| Price Paid | Date |
|---|---|
| £202,500 | 16 Nov 2018 |
| £117,500 | 6 Jul 2009 |
| £43,000 | 8 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 November 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £202,500 results in an estimated price of approximately £251,380.
| 16 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £202,500 | £48,880 | £251,380 |
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 | -31.834 % | £-64,462 | £138,037 |
| 3 Month Average | 8.431 % | £17,072 | £219,572 |
| 6 Month Average | 8.494 % | £17,200 | £219,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £214,003 | £210,000 | 53 KING STEPHEN ROAD |
| 24 Feb 2023 | £201,848 | £200,500 | 24 MORANT ROAD |
| 17 Feb 2023 | £236,580 | £235,000 | 39 MORANT ROAD |
| 26 Oct 2022 | £328,901 | £330,000 | 8 HARSNETT ROAD |
| 5 Aug 2022 | £253,184 | £252,000 | 48 MORANT ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 20 Aug 2020. Using an estimated price of £251,381 means this house is valued at £2,394 per sq meter (£222 per sq foot).
The average size of a house on MORANT ROAD is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near King Stephen Road |
| Jun 2024 | Other theft | Under investigation | On or near King Stephen Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near King Stephen Road |
| Jun 2024 | Burglary | Under investigation | On or near Kimberley Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Kimberley Road |