£113,779
This estimated value is based upon the latest sale price for the house of £60,000 on 2 Nov 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £60,000 | 2 Nov 2004 |
| £26,000 | 27 Sep 2001 |
| £27,000 | 26 Jan 1999 |
| Flats/Maisonettes |
| Leasehold |
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 2004 the House Price Index for ESSEX was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £60,000 results in an estimated price of approximately £113,779.
| 2 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 149.7 | 89.633 % | £60,000 | £53,779 | £113,779 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 135.915 % | £81,548 | £141,548 |
| 3 Month Average | 69.914 % | £41,948 | £101,948 |
| 6 Month Average | 62.047 % | £37,228 | £97,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £172,653 | £170,000 | 27 FERNLEA ROAD |
| 15 Dec 2023 | £198,087 | £192,000 | 3 FERNLEA ROAD |
| 14 Nov 2023 | £102,605 | £100,000 | FLAT 18 THE OLD SCHOOL APARTMENTS, 56 MAIN ROAD |
| 10 Mar 2023 | £142,378 | £140,000 | FLAT 11 THE OLD SCHOOL APARTMENTS, 56 MAIN ROAD |
| 3 Feb 2023 | £181,210 | £180,000 | 3 FERNDALE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ferndale Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ferndale Road |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ferndale Road |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ferndale Road |
| May 2024 | Vehicle crime | Under investigation | On or near Ferndale Road |