£286,721
This estimated value is based upon the latest sale price for the house of £191,500 on 13 Nov 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £191,500 | 13 Nov 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2014 the House Price Index for ESSEX was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £191,500 results in an estimated price of approximately £286,721.
| 13 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £191,500 | £95,221 | £286,721 |
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 | 77.465 % | £148,345 | £339,845 |
| 3 Month Average | 44.225 % | £84,691 | £276,191 |
| 6 Month Average | 44.019 % | £84,295 | £275,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £176,544 | £175,000 | 34 LYON CLOSE |
| 16 Jun 2023 | £91,104 | £90,000 | FLAT 7 MIDDLESEX COURT LYON CLOSE |
| 17 Apr 2023 | £89,969 | £89,000 | FLAT 16 MIDDLESEX COURT LYON CLOSE |
| 6 Mar 2023 | £262,473 | £260,000 | 89 WALTON ROAD |
| 24 Feb 2023 | £189,872 | £190,000 | 18 LYON CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 21 Aug 2014. Using an estimated price of £286,722 means this house is valued at £3,083 per sq meter (£286 per sq foot).
The average size of a house on VICTORIA ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyon Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lyon Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyon Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lyon Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Victoria Road |