£225,190
This estimated value is based upon the latest sale price for the house of £175,000 on 8 May 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£175,000 | 8 May 2017 |
£130,000 | 11 Jun 2010 |
£74,000 | 20 Apr 2001 |
£49,000 | 13 Feb 1998 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 May 2017 the House Price Index for ESSEX was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £175,000 results in an estimated price of approximately £225,190.
8 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £175,000 | £50,190 | £225,190 |
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 | -30.976 % | £-54,207 | £120,792 |
3 Month Average | -4.525 % | £-7,918 | £167,081 |
6 Month Average | 0.744 % | £1,302 | £176,302 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £335,877 | £330,000 | 7 HARSNETT ROAD |
4 Apr 2023 | £212,286 | £210,000 | 53 KING STEPHEN ROAD |
17 Feb 2023 | £234,842 | £235,000 | 39 MORANT ROAD |
26 Oct 2022 | £326,485 | £330,000 | 8 HARSNETT ROAD |
5 Aug 2022 | £251,323 | £252,000 | 48 MORANT ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 8 Nov 2019. Using an estimated price of £225,191 means this house is valued at £3,084 per sq meter (£286 per sq foot).
The average size of a house on MORANT ROAD is 76 sq meters (822 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Kimberley Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kimberley Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Stephen Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Stephen Road |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Morant Road |