£317,011
This estimated value is based upon the latest sale price for the house of £188,000 on 22 Mar 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£188,000 | 22 Mar 2013 |
£165,000 | 21 Oct 2005 |
£160,000 | 30 Sep 2005 |
£119,950 | 26 Mar 2002 |
£88,000 | 12 Dec 2000 |
£67,000 | 1 Jun 1999 |
£55,000 | 31 Jul 1996 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 920 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 March 2013 the House Price Index for ESSEX was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £188,000 results in an estimated price of approximately £317,011.
22 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 149.7 | 68.623 % | £188,000 | £129,011 | £317,011 |
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 | -4.825 % | £-9,070 | £178,929 |
3 Month Average | 49.769 % | £93,566 | £281,566 |
6 Month Average | 45.048 % | £84,690 | £272,690 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £283,188 | £276,000 | 55 OLD HEATH ROAD |
29 Sep 2023 | £201,441 | £197,000 | 2 CANNOCK MILL COURT OLD HEATH ROAD |
16 Jun 2023 | £224,499 | £220,000 | 14 BELMONT PLACE |
3 Feb 2023 | £171,143 | £170,000 | 75 GILBERD ROAD |
4 Aug 2022 | £267,752 | £266,500 | 87 OLD HEATH ROAD |
This house has a floor area of 85 sq meters or 920 sq feet when measured on 12 Nov 2009. Using an estimated price of £317,012 means this house is valued at £3,708 per sq meter (£344 per sq foot).
The average size of a house on OLD HEATH ROAD is 93 sq meters (1,005 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Scarletts Road |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scarletts Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scarletts Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scarletts Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Belmont Place |