£325,374
This estimated value is based upon the latest sale price for the house of £194,000 on 26 Apr 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Morten Road
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| Price Paid | Date |
|---|---|
| £194,000 | 26 Apr 2013 |
| £174,000 | 6 Apr 2004 |
| £76,995 | 10 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2013 the House Price Index for ESSEX was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £194,000 results in an estimated price of approximately £325,374.
| 26 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.719 % | £194,000 | £131,374 | £325,374 |
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 | -13.656 % | £-26,493 | £167,506 |
| 3 Month Average | 36.147 % | £70,125 | £264,125 |
| 6 Month Average | 35.688 % | £69,235 | £263,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £394,782 | £390,000 | 25 MORTEN ROAD |
| 19 Jun 2023 | £435,273 | £430,000 | 26 MORTEN ROAD |
| 15 Jun 2023 | £253,065 | £250,000 | 5 ORCHARD ROAD |
| 10 Jan 2023 | £184,133 | £185,000 | 32 COLNE BANK AVENUE |
| 20 Jun 2022 | £233,297 | £230,000 | 30 - 32 NORTH STATION ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 7 Nov 2011. Using an estimated price of £325,375 means this house is valued at £4,171 per sq meter (£387 per sq foot).
The average size of a house on ORCHARD ROAD is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Awaiting court outcome | On or near Morten Road |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Morten Road |
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Morten Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Morten Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near John Harper Street |