£1,562,646
This estimated value is based upon the latest sale price for the house of £255,000 on 5 Jun 2024. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£255,000 | 5 Jun 2024 |
£167,000 | 29 Mar 2017 |
£132,000 | 12 Mar 2012 |
Terraced |
Freehold |
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 2024 the House Price Index for ESSEX was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £255,000 results in an estimated price of approximately £1,562,646.
5 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 149.7 | 512.803 % | £255,000 | £1,307,646 | £1,562,646 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 53.660 % | £136,834 | £391,834 |
3 Month Average | 6.868 % | £17,514 | £272,514 |
6 Month Average | 8.477 % | £21,615 | £276,615 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £325,000 | £325,000 | 19 MALTHOUSE ROAD |
25 Mar 2024 | £167,575 | £165,000 | 29 MALTHOUSE ROAD |
12 Oct 2023 | £639,525 | £625,000 | 2 ERSKINE ROAD |
15 Sep 2023 | £245,410 | £240,000 | 1 PARK COTTAGE THE PARK |
17 Aug 2023 | £336,061 | £330,000 | 4 MALTHOUSE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Erskine Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Erskine Road |
Jul 2024 | Other theft | Under investigation | On or near The Park |
Jul 2024 | Other theft | Under investigation | On or near The Park |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Park |