£243,651
This estimated value is based upon the latest sale price for the house of £115,000 on 4 Feb 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£115,000 | 4 Feb 2004 |
Detached |
Freehold |
Floor Area: 60 sq meters or 645 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 2004 the House Price Index for ESSEX was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £115,000 results in an estimated price of approximately £243,651.
4 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 148.6 | 111.871 % | £115,000 | £128,651 | £243,651 |
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 | 79.750 % | £91,712 | £206,712 |
3 Month Average | 75.438 % | £86,753 | £201,753 |
6 Month Average | 73.645 % | £84,691 | £199,691 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Apr 2023 | £187,014 | £185,000 | 31 CAMBRIDGE ROAD |
31 Mar 2023 | £3,769,469 | £3,733,956 | SERVICE STATION, 238 OLD ROAD |
24 Aug 2022 | £164,557 | £165,000 | 30 CAMBRIDGE ROAD |
13 Jun 2022 | £291,621 | £287,500 | 10 OLIVERS CLOSE |
17 May 2022 | £157,977 | £155,000 | 29 CAMBRIDGE ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 26 May 2021. Using an estimated price of £243,652 means this house is valued at £4,060 per sq meter (£377 per sq foot).
The average size of a house on OLIVERS CLOSE is 72 sq meters (776 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Old Road |
Apr 2024 | Drugs | Under investigation | On or near Old Road |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Old Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Road |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Old Road |