£39,655
This estimated value is based upon the latest sale price for the house of £23,000 on 8 Dec 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £23,000 | 8 Dec 2010 |
| Terraced |
| Leasehold |
| Floor Area: 61 sq meters or 665 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 December 2010 the House Price Index for ESSEX was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £23,000 results in an estimated price of approximately £39,655.
| 8 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 149.7 | 72.415 % | £23,000 | £16,655 | £39,655 |
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 | 18.983 % | £4,365 | £27,365 |
| 3 Month Average | 62.933 % | £14,474 | £37,474 |
| 6 Month Average | 61.293 % | £14,097 | £37,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £254,592 | £250,000 | 27 HEAD STREET |
| 21 Jun 2023 | £234,703 | £230,000 | 15 NORTH HILL |
| 10 Feb 2023 | £114,515 | £113,750 | 13 NORTH HILL |
| 27 Jan 2023 | £175,469 | £175,000 | FLAT 29 DUTCH QUARTER APARTMENTS WEST STOCKWELL STREET |
| 3 Nov 2022 | £1,393,484 | £1,400,000 | ALBERT HALL HIGH STREET |
This house has a floor area of 61 sq meters or 665 sq feet when measured on 12 Nov 2008. Using an estimated price of £39,655 means this house is valued at £641 per sq meter (£59 per sq foot).
The average size of a house on NORTH HILL is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Bicycle theft | Under investigation | On or near Balkerne Close |
| Jul 2024 | Criminal damage and arson | Offender given a caution | On or near Balkerne Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Balkerne Close |
| Jul 2024 | Anti-social behaviour | On or near Balkerne Close | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balkerne Close |