£84,516
This estimated value is based upon the latest sale price for the house of £80,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£80,000 | 25 Feb 2022 |
£52,500 | 11 Mar 2015 |
£60,000 | 8 Jul 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 419 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 2022 the House Price Index for ESSEX was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £80,000 results in an estimated price of approximately £84,516.
25 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £80,000 | £4,516 | £84,516 |
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 | -4.885 % | £-3,907 | £76,092 |
3 Month Average | -7.349 % | £-5,879 | £74,120 |
6 Month Average | 1.385 % | £1,108 | £81,108 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £122,454 | £120,000 | FLAT 3 DEAN COURT, 39 ELLIS ROAD |
3 Feb 2023 | £60,403 | £60,000 | FLAT 5A 64 ELLIS ROAD |
11 Oct 2022 | £77,242 | £77,500 | FLAT 4 DEAN COURT, 39 ELLIS ROAD |
22 Jul 2022 | £84,093 | £83,250 | 22A ELLIS ROAD |
25 Feb 2022 | £84,517 | £80,000 | FLAT 3 54 WEST AVENUE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 24 Oct 2014. Using an estimated price of £84,517 means this house is valued at £2,167 per sq meter (£201 per sq foot).
The average size of a house on WEST AVENUE is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ellis Road |
Jul 2024 | Anti-social behaviour | On or near Ellis Road | |
Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Ellis Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ellis Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ellis Road |