£408,824
This estimated value is based upon the latest sale price for the house of £200,000 on 23 Apr 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 23 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2004 the House Price Index for ESSEX was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £200,000 results in an estimated price of approximately £408,824.
| 23 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £200,000 | £208,824 | £408,824 |
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 | -15.217 % | £-30,434 | £169,565 |
| 3 Month Average | 47.312 % | £94,624 | £294,624 |
| 6 Month Average | 57.051 % | £114,102 | £314,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £1,678,461 | £1,657,000 | 2 ST JOHNS STREET |
| 31 Aug 2023 | £252,206 | £250,000 | 27 HEAD STREET |
| 23 Aug 2023 | £504,413 | £500,000 | 45 HEAD STREET |
| 10 Feb 2023 | £113,674 | £113,750 | 13 NORTH HILL |
| 9 Nov 2022 | £108,684 | £110,000 | MEDICAL RECEPTION STATION MED YPRES ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 16 Sep 2020. Using an estimated price of £408,824 means this house is valued at £4,349 per sq meter (£404 per sq foot).
There is one other house on the street which we know the size of, this is 7A CHURCH STREET it is 98.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Church Street | |
| Apr 2024 | Other theft | Under investigation | On or near Church Street |
| Apr 2024 | Theft from the person | Under investigation | On or near Church Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Street |
| Apr 2024 | Anti-social behaviour | On or near Church Street |