£164,252
This estimated value is based upon the latest sale price for the house of £95,000 on 28 Jul 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £95,000 | 28 Jul 2006 |
| £44,000 | 15 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 July 2006 the House Price Index for ESSEX was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £95,000 results in an estimated price of approximately £164,252.
| 28 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £95,000 | £69,252 | £164,252 |
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 | -9.056 % | £-8,603 | £86,396 |
| 3 Month Average | 36.281 % | £34,467 | £129,467 |
| 6 Month Average | 40.902 % | £38,856 | £133,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £147,582 | £145,000 | FLAT 8 TYMPERLEY COURT WINNOCK ROAD |
| 28 Nov 2023 | £216,201 | £213,000 | 26 MILL STREET |
| 18 Sep 2023 | £147,384 | £145,500 | FLAT 3 TYMPERLEY COURT WINNOCK ROAD |
| 4 Aug 2023 | £242,118 | £240,000 | 32 MILL STREET |
| 9 Jun 2023 | £132,606 | £131,000 | FLAT 11 TYMPERLEY COURT WINNOCK ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 11 May 2017. Using an estimated price of £164,252 means this house is valued at £2,415 per sq meter (£224 per sq foot).
The average size of a house on MILITARY ROAD is 93 sq meters (1,009 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Mill Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colonel Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colonel Way |