£678,166
This estimated value is based upon the latest sale price for the house of £490,000 on 17 Dec 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£490,000 | 17 Dec 2015 |
Detached |
Freehold |
Floor Area: 143 sq meters or 1,545 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 December 2015 the House Price Index for ESSEX was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £490,000 results in an estimated price of approximately £678,166.
17 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £490,000 | £188,166 | £678,166 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 89.549 % | £438,788 | £928,788 |
3 Month Average | 18.117 % | £88,775 | £578,775 |
6 Month Average | 29.209 % | £143,125 | £633,125 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £991,680 | £979,000 | 39 THIRD AVENUE |
3 Mar 2023 | £1,110,462 | £1,100,000 | 66 SECOND AVENUE |
8 Sep 2022 | £391,836 | £395,000 | FLAT 4 IVANHOE, 47 SECOND AVENUE |
17 Nov 2021 | £713,799 | £660,000 | 28 ASHLYNS ROAD |
30 Sep 2021 | £738,151 | £685,000 | 54 SECOND AVENUE |
This house has a floor area of 143 sq meters or 1,545 sq feet when measured on 17 Oct 2011. Using an estimated price of £678,167 means this house is valued at £4,722 per sq meter (£438 per sq foot).
The average size of a house on SECOND AVENUE is 255 sq meters (2,750 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashlyn'S Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Upper Third Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Third Avenue |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Upper Third Avenue |
Apr 2024 | Anti-social behaviour | On or near Second Avenue |