£377,157
This estimated value is based upon the latest sale price for the house of £350,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£350,000 | 30 Sep 2021 |
£73,000 | 29 Mar 1995 |
Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £350,000 results in an estimated price of approximately £377,157.
30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £350,000 | £27,157 | £377,157 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 24.295 % | £85,033 | £435,033 |
3 Month Average | 9.906 % | £34,672 | £384,672 |
6 Month Average | 4.610 % | £16,134 | £366,134 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £435,000 | £435,000 | 84 BEDFORD ROAD |
14 Nov 2023 | £385,710 | £380,000 | 83 SALISBURY ROAD |
19 Jul 2023 | £288,888 | £285,000 | 64 DULWICH ROAD |
16 Mar 2023 | £393,704 | £389,995 | 60 SALISBURY ROAD |
3 Feb 2023 | £524,647 | £525,000 | 21 QUEENSWAY |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 7 Jun 2021. Using an estimated price of £377,157 means this house is valued at £4,437 per sq meter (£412 per sq foot).
The average size of a house on SALISBURY ROAD is 88 sq meters (948 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Princes Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Princes Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bedford Road |
Mar 2024 | Public order | Under investigation | On or near Bedford Road |
Mar 2024 | Anti-social behaviour | On or near Madeira Road |