£298,808
This estimated value is based upon the latest sale price for the house of £260,000 on 16 Jul 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £260,000 | 16 Jul 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 113 sq meters or 1,216 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 July 2021 the House Price Index for ESSEX was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £260,000 results in an estimated price of approximately £298,808.
| 16 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £260,000 | £38,808 | £298,808 |
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 | -23.017 % | £-59,844 | £200,155 |
| 3 Month Average | -10.250 % | £-26,648 | £233,351 |
| 6 Month Average | -13.468 % | £-35,016 | £224,983 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £529,413 | £523,000 | 49 ROMAN ROAD |
| 24 Apr 2023 | £692,456 | £685,000 | 27 ROMAN ROAD |
| 23 Mar 2023 | £474,470 | £470,000 | 43 ROMAN ROAD |
| 25 Mar 2022 | £194,817 | £188,000 | 4 GRANTHAM COURT |
| 17 Jan 2022 | £199,958 | £190,000 | 15 GRANTHAM COURT |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 21 Oct 2015. Using an estimated price of £298,809 means this house is valued at £2,644 per sq meter (£245 per sq foot).
The average size of a house on EAST HILL is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near St. James' Rise |
| Apr 2024 | Vehicle crime | Under investigation | On or near St. James' Rise |
| Apr 2024 | Public order | Under investigation | On or near St. James' Rise |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St. James' Rise |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St. James' Rise |