£123,097
This estimated value is based upon the latest sale price for the house of £70,000 on 25 Nov 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£70,000 | 25 Nov 2009 |
£38,000 | 9 Feb 2001 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,102 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 2009 the House Price Index for ESSEX was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £70,000 results in an estimated price of approximately £123,097.
25 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.853 % | £70,000 | £53,097 | £123,097 |
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 | 184.351 % | £129,046 | £199,046 |
3 Month Average | 91.158 % | £63,810 | £133,810 |
6 Month Average | 72.584 % | £50,808 | £120,808 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £111,940 | £108,500 | FLAT 6 BREWSTERS COURT, 27 - 31 STOUR ROAD |
5 Oct 2023 | £162,695 | £159,000 | 9 COKE STREET |
29 Sep 2023 | £166,674 | £163,000 | 55 STOUR ROAD |
22 Sep 2023 | £172,298 | £168,500 | 24 MARIA STREET |
31 Mar 2023 | £83,393 | £82,000 | FLAT 3 BAY VIEW COURT STOUR ROAD |
This house has a floor area of 102 sq meters or 1,102 sq feet when measured on 16 Sep 2009. Using an estimated price of £123,097 means this house is valued at £1,201 per sq meter (£111 per sq foot).
The average size of a house on STOUR ROAD is 49 sq meters (531 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Maria Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maria Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canning Street |
May 2024 | Burglary | Under investigation | On or near Canning Street |