£579,312
This estimated value is based upon the latest sale price for the house of £465,000 on 18 Apr 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£465,000 | 18 Apr 2019 |
£402,000 | 19 Feb 2016 |
£261,500 | 17 Aug 2007 |
Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 April 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £465,000 results in an estimated price of approximately £579,312.
18 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.583 % | £465,000 | £114,312 | £579,312 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | 20.053 % | £93,246 | £558,246 |
3 Month Average | 0.656 % | £3,051 | £468,051 |
6 Month Average | -0.035 % | £-163 | £464,836 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £316,733 | £307,000 | 71 NORTH STREET |
30 Nov 2023 | £197,001 | £192,000 | FLAT 12 ROCHEFORTE HOUSE ROCHE CLOSE |
6 Oct 2023 | £209,764 | £205,000 | FLAT 24 ROCHEFORTE HOUSE ROCHE CLOSE |
18 Apr 2023 | £371,957 | £365,000 | 55 NORTH STREET |
11 Apr 2023 | £188,526 | £185,000 | FLAT 18 ROCHEFORTE HOUSE ROCHE CLOSE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 5 Feb 2014. Using an estimated price of £579,313 means this house is valued at £5,314 per sq meter (£493 per sq foot).
The average size of a house on NORTH STREET is 72 sq meters (778 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other crime | Under investigation | On or near North Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near North Street |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near North Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Street |