£233,790
This estimated value is based upon the latest sale price for the house of £155,000 on 7 Nov 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£155,000 | 7 Nov 2014 |
Detached |
Freehold |
Floor Area: 149 sq meters or 1,603 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 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £155,000 results in an estimated price of approximately £233,790.
7 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £155,000 | £78,790 | £233,790 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 136.836 % | £212,095 | £367,095 |
3 Month Average | 59.017 % | £91,476 | £246,476 |
6 Month Average | 50.376 % | £78,082 | £233,082 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £193,444 | £187,500 | 574 MAIN ROAD |
17 Nov 2023 | £256,511 | £250,000 | 551 MAIN ROAD |
13 Oct 2023 | £117,673 | £115,000 | 5 TRAFALGAR YARD |
15 Aug 2023 | £381,888 | £375,000 | LILLILEE, 2B LAUREL AVENUE |
9 Aug 2023 | £213,857 | £210,000 | 25 DOCKFIELD AVENUE |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 18 Dec 2014. Using an estimated price of £233,790 means this house is valued at £1,569 per sq meter (£145 per sq foot).
The average size of a house on MAIN ROAD is 82 sq meters (891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near All Saints Close |
Jul 2024 | Public order | Under investigation | On or near All Saints Close |
Jun 2024 | Public order | Under investigation | On or near All Saints Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near All Saints Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near All Saints Close |