£320,856
This estimated value is based upon the latest sale price for the house of £124,995 on 11 Nov 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £124,995 | 11 Nov 2002 |
| £61,000 | 23 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2002 the House Price Index for ESSEX was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £124,995 results in an estimated price of approximately £320,856.
| 11 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £124,995 | £195,861 | £320,856 |
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 | 11.757 % | £14,695 | £139,690 |
| 3 Month Average | 85.036 % | £106,290 | £231,285 |
| 6 Month Average | 95.349 % | £119,182 | £244,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £346,055 | £340,000 | 31 WEST STOCKWELL STREET |
| 30 Jun 2022 | £268,799 | £265,000 | 3 PARKSIDE QUARTER |
| 30 Jun 2022 | £167,872 | £165,500 | 7 ROMAN WALL SHORTCUT ROAD |
| 19 May 2022 | £181,418 | £178,000 | APARTMENT 5 OAK HOUSE, 25 ST PETERS STREET |
| 17 Mar 2022 | £549,219 | £530,000 | 5 NEWGATE TERRACE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 9 May 2018. Using an estimated price of £320,856 means this house is valued at £5,941 per sq meter (£552 per sq foot).
The average size of a house on WEST STOCKWELL STREET is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Short Cut Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Cut Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Short Cut Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Short Cut Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Cut Road |