£410,345
This estimated value is based upon the latest sale price for the house of £285,000 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £285,000 | 28 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £285,000 results in an estimated price of approximately £410,345.
| 28 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £285,000 | £125,345 | £410,345 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 131.289 % | £374,172 | £659,172 |
| 3 Month Average | 58.175 % | £165,797 | £450,797 |
| 6 Month Average | 40.756 % | £116,154 | £401,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £106,638 | £105,000 | FLAT 8 EMILY MAY COURT, 473 MAIN ROAD |
| 8 Dec 2023 | £670,606 | £650,000 | 258 FRONKS ROAD |
| 5 Apr 2023 | £331,195 | £325,000 | 15 ROSE GARDENS |
| 24 Mar 2023 | £81,359 | £80,000 | FLAT 9 EMILY MAY COURT, 473 MAIN ROAD |
| 2 Mar 2023 | £136,276 | £134,000 | FLAT 4 EMILY MAY COURT, 473 MAIN ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 30 Apr 2014. Using an estimated price of £410,345 means this house is valued at £3,835 per sq meter (£356 per sq foot).
The average size of a house on MAIN ROAD is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Supermarket |
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jun 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| May 2024 | Anti-social behaviour | On or near Supermarket |