£244,376
This estimated value is based upon the latest sale price for the house of £139,995 on 17 Nov 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £139,995 | 17 Nov 2009 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2009 the House Price Index for ESSEX was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £139,995 results in an estimated price of approximately £244,376.
| 17 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £139,995 | £104,381 | £244,376 |
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 | -19.932 % | £-27,903 | £112,091 |
| 3 Month Average | 36.640 % | £51,293 | £191,288 |
| 6 Month Average | 41.850 % | £58,588 | £198,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £391,856 | £385,000 | 24 ROMAN ROAD |
| 25 Aug 2023 | £292,559 | £290,000 | 76 ROMAN ROAD |
| 26 Jul 2023 | £354,775 | £350,000 | 27 CASTLE ROAD |
| 14 Jul 2023 | £511,889 | £505,000 | 25 CASTLE ROAD |
| 24 Feb 2023 | £344,768 | £345,000 | 31 CASTLE ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 20 Feb 2020. Using an estimated price of £244,377 means this house is valued at £4,006 per sq meter (£372 per sq foot).
The average size of a house on CASTLE ROAD is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Castle Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Roman Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |