£326,606
This estimated value is based upon the latest sale price for the house of £150,000 on 4 Dec 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £150,000 | 4 Dec 2003 |
| £136,000 | 16 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2003 the House Price Index for ESSEX was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £150,000 results in an estimated price of approximately £326,606.
| 4 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £150,000 | £176,606 | £326,606 |
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 | -5.083 % | £-7,623 | £142,376 |
| 3 Month Average | 64.024 % | £96,035 | £246,035 |
| 6 Month Average | 67.502 % | £101,252 | £251,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2022 | £321,538 | £325,000 | 11 HAMILTON PLACE |
| 22 Jul 2022 | £481,296 | £480,000 | 153 NORTH STATION ROAD |
| 23 Jun 2022 | £197,795 | £195,000 | 22 CLARENDON WAY |
| 1 Jun 2022 | £284,014 | £280,000 | 8 HAMILTON PLACE |
| 29 Apr 2022 | £182,274 | £177,000 | 50 CLARENDON WAY |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 17 Jan 2017. Using an estimated price of £326,606 means this house is valued at £5,024 per sq meter (£466 per sq foot).
The average size of a house on ROWAN PLACE is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rowan Place |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rowan Place |
| Mar 2024 | Drugs | Local resolution | On or near Rowan Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rowan Place |
| Feb 2024 | Public order | Awaiting court outcome | On or near Rowan Place |