£150,783
This estimated value is based upon the latest sale price for the house of £105,500 on 21 Aug 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£105,500 | 21 Aug 2015 |
£124,995 | 24 Aug 2007 |
£54,000 | 12 Oct 2001 |
Terraced |
Freehold |
Floor Area: 49 sq meters or 527 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 2015 the House Price Index for ESSEX was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £105,500 results in an estimated price of approximately £150,783.
21 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £105,500 | £45,283 | £150,783 |
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 | -23.284 % | £-24,564 | £80,935 |
3 Month Average | 22.909 % | £24,169 | £129,669 |
6 Month Average | 25.779 % | £27,197 | £132,697 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £101,781 | £100,000 | FLAT 6 MEADOWBROOK COURT BROOK STREET |
16 Nov 2023 | £156,923 | £154,600 | 67 ROSEBERY AVENUE |
8 Aug 2023 | £181,589 | £180,000 | 12 EAST BAY |
11 Jul 2023 | £144,951 | £143,000 | 4 EAST BAY |
14 Apr 2023 | £303,265 | £300,000 | 4 ROSEBERY AVENUE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 4 Oct 2019. Using an estimated price of £150,784 means this house is valued at £3,077 per sq meter (£285 per sq foot).
The average size of a house on BROOK STREET is 63 sq meters (688 sq feet).