£467,218
This estimated value is based upon the latest sale price for the house of £367,500 on 31 Oct 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £367,500 | 31 Oct 2017 |
| £295,000 | 20 Jun 2014 |
| £145,000 | 15 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 October 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £367,500 results in an estimated price of approximately £467,218.
| 31 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £367,500 | £99,718 | £467,218 |
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 | -28.810 % | £-105,876 | £261,623 |
| 3 Month Average | 14.671 % | £53,917 | £421,417 |
| 6 Month Average | 12.716 % | £46,729 | £414,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £397,205 | £385,000 | 24 ROMAN ROAD |
| 25 Aug 2023 | £295,327 | £290,000 | 76 ROMAN ROAD |
| 24 Feb 2023 | £347,320 | £345,000 | 31 CASTLE ROAD |
| 6 Jan 2023 | £290,777 | £290,000 | 1 GREYFRIARS COURT CASTLE ROAD |
| 8 Jul 2022 | £292,935 | £290,000 | 11 CASTLE ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 11 Nov 2011. Using an estimated price of £467,218 means this house is valued at £5,134 per sq meter (£476 per sq foot).
The average size of a house on CASTLE ROAD is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Castle Road | |
| Jun 2024 | Anti-social behaviour | On or near Castle Road | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Roman Road |
| Jul 2024 | Vehicle crime | Under investigation | On or near Roman Road |