£224,159
This estimated value is based upon the latest sale price for the house of £70,000 on 22 Nov 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £70,000 | 22 Nov 2001 |
| £59,000 | 24 Mar 2000 |
| £27,000 | 20 Jun 1995 |
| £18,000 | 20 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2001 the House Price Index for ESSEX was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £70,000 results in an estimated price of approximately £224,159.
| 22 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.6 | 220.228 % | £70,000 | £154,159 | £224,159 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 187.461 % | £131,222 | £201,222 |
| 3 Month Average | 154.467 % | £108,126 | £178,126 |
| 6 Month Average | 160.586 % | £112,410 | £182,410 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £199,922 | £197,500 | 25 FAIRFIELD ROAD |
| 17 Apr 2023 | £187,014 | £185,000 | 31 CAMBRIDGE ROAD |
| 31 Mar 2023 | £3,769,469 | £3,733,956 | SERVICE STATION, 238 OLD ROAD |
| 1 Feb 2023 | £227,847 | £228,000 | DENVER, 2A CAMBRIDGE ROAD |
| 24 Aug 2022 | £164,557 | £165,000 | 30 CAMBRIDGE ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 10 Feb 2012. Using an estimated price of £224,160 means this house is valued at £3,448 per sq meter (£320 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 72 sq meters (783 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Petrol Station |