£267,644
This estimated value is based upon the latest sale price for the house of £200,000 on 19 Sep 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£200,000 | 19 Sep 2016 |
£159,995 | 29 Oct 2010 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 680 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 2016 the House Price Index for ESSEX was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £200,000 results in an estimated price of approximately £267,644.
19 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £200,000 | £67,644 | £267,644 |
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 | -19.608 % | £-39,215 | £160,784 |
3 Month Average | 22.805 % | £45,609 | £245,609 |
6 Month Average | 18.103 % | £36,205 | £236,205 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £163,009 | £158,000 | FLAT 12 PARKLAND COURT RECREATION ROAD |
8 Dec 2023 | £412,681 | £400,000 | 21 PHILBRICK CLOSE |
29 Sep 2023 | £153,381 | £150,000 | FLAT 6 PARKLAND COURT RECREATION ROAD |
11 Sep 2023 | £240,297 | £235,000 | 93 PORT LANE |
16 Jun 2023 | £165,313 | £162,000 | FLAT 9 PARKLAND COURT RECREATION ROAD |
This house has a floor area of 63 sq meters or 680 sq feet when measured on 23 Jul 2010. Using an estimated price of £267,645 means this house is valued at £4,230 per sq meter (£393 per sq foot).
The average size of a house on PORT LANE is 66 sq meters (714 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Philbrick Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Philbrick Close |
Jul 2024 | Anti-social behaviour | On or near Recreation Road | |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chandlers Row |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scarletts Road |