£224,576
This estimated value is based upon the latest sale price for the house of £120,000 on 4 Feb 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near East Bay
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Price Paid | Date |
---|---|
£120,000 | 4 Feb 2005 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 February 2005 the House Price Index for ESSEX was 79.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 87.147%.Applying this 87.147% change to the original purchase price of £120,000 results in an estimated price of approximately £224,576.
4 Feb 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.4 | 148.6 | 87.147 % | £120,000 | £104,576 | £224,576 |
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 | -5.971 % | £-7,165 | £112,834 |
3 Month Average | 47.788 % | £57,345 | £177,345 |
6 Month Average | 42.545 % | £51,054 | £171,054 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £101,781 | £100,000 | FLAT 6 MEADOWBROOK COURT BROOK STREET |
16 Nov 2023 | £156,923 | £154,600 | 67 ROSEBERY AVENUE |
21 Aug 2023 | £181,589 | £180,000 | FLAT 3 ST. JAMES COURT GUILDFORD ROAD |
10 Jul 2023 | £192,592 | £190,000 | FLAT 1 ST JAMES COURT GUILDFORD ROAD |
14 Apr 2023 | £303,265 | £300,000 | 4 ROSEBERY AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 20 Sep 2016. Using an estimated price of £224,577 means this house is valued at £2,772 per sq meter (£257 per sq foot).
The average size of a house on EAST HILL is 106 sq meters (1,150 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near East Bay |
Apr 2024 | Violence and sexual offences | Under investigation | On or near East Bay |
Mar 2024 | Violence and sexual offences | Under investigation | On or near East Bay |
Mar 2024 | Violence and sexual offences | Under investigation | On or near East Bay |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near East Bay |