£171,907
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Feb 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £125,000 | 12 Feb 2016 |
| £125,000 | 12 Feb 2016 |
| £73,000 | 10 Feb 2014 |
| £39,500 | 20 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 February 2016 the House Price Index for ESSEX was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £125,000 results in an estimated price of approximately £171,907.
| 12 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £125,000 | £46,907 | £171,907 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 130.109 % | £162,636 | £287,636 |
| 3 Month Average | 55.859 % | £69,823 | £194,823 |
| 6 Month Average | 46.361 % | £57,951 | £182,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £187,887 | £185,000 | 44 HAMILTON STREET |
| 16 Nov 2023 | £128,256 | £125,000 | 14 PARKESTON ROAD |
| 13 Nov 2023 | £174,428 | £170,000 | 21 HAMILTON STREET |
| 11 Sep 2023 | £126,795 | £124,000 | 16 HAMILTON STREET |
| 11 Sep 2023 | £163,607 | £160,000 | 2 PRINCESS STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 28 Nov 2015. Using an estimated price of £171,907 means this house is valued at £2,176 per sq meter (£202 per sq foot).
The average size of a house on GARLAND ROAD is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Princess Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Princess Street |
| Jul 2024 | Anti-social behaviour | On or near Garland Road | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Garland Road |
| Jul 2024 | Vehicle crime | Under investigation | On or near Garland Road |