£224,609
This estimated value is based upon the latest sale price for the house of £156,000 on 14 Aug 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £156,000 | 14 Aug 2015 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 802 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 August 2015 the House Price Index for ESSEX was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £156,000 results in an estimated price of approximately £224,609.
| 14 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £156,000 | £68,609 | £224,609 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 96.181 % | £150,043 | £306,043 |
| 3 Month Average | 43.863 % | £68,426 | £224,426 |
| 6 Month Average | 44.621 % | £69,609 | £225,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £325,000 | £325,000 | 19 MALTHOUSE ROAD |
| 29 Apr 2024 | £221,927 | £220,000 | 2 HILTON CLOSE |
| 25 Mar 2024 | £167,575 | £165,000 | 29 MALTHOUSE ROAD |
| 13 Sep 2023 | £173,832 | £170,000 | 1 GASFIELD |
| 17 Aug 2023 | £336,061 | £330,000 | 4 MALTHOUSE ROAD |
This house has a floor area of 74 sq meters or 802 sq feet when measured on 17 Nov 2009. Using an estimated price of £224,610 means this house is valued at £3,014 per sq meter (£280 per sq foot).
The average size of a house on HIGH STREET is 116 sq meters (1,256 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Quay Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Quay Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Quay Street |
| Jul 2024 | Anti-social behaviour | On or near Quay Street | |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Quay Street |