£573,796
This estimated value is based upon the latest sale price for the house of £430,000 on 26 Oct 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£430,000 | 26 Oct 2016 |
£360,000 | 14 Jul 2003 |
£107,000 | 4 Apr 1995 |
Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 October 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £430,000 results in an estimated price of approximately £573,796.
26 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £430,000 | £143,796 | £573,796 |
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 | -34.531 % | £-148,484 | £281,515 |
3 Month Average | 14.428 % | £62,039 | £492,039 |
6 Month Average | 20.542 % | £88,329 | £518,329 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £397,205 | £385,000 | 24 ROMAN ROAD |
13 Oct 2023 | £205,160 | £200,500 | 5 BELGRAVE PLACE |
25 Aug 2023 | £295,327 | £290,000 | 76 ROMAN ROAD |
15 Jun 2023 | £533,695 | £523,000 | 49 ROMAN ROAD |
24 Apr 2023 | £698,057 | £685,000 | 27 ROMAN ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 30 Aug 2012. Using an estimated price of £573,797 means this house is valued at £5,077 per sq meter (£471 per sq foot).
The average size of a house on CASTLE ROAD is 90 sq meters (971 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Roman Road |
Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Roman Road |
Jul 2024 | Vehicle crime | Under investigation | On or near Roman Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roman Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |