£124,840
This estimated value is based upon the latest sale price for the house of £115,000 on 21 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£115,000 | 21 Sep 2021 |
£98,000 | 11 Dec 2008 |
£68,000 | 26 Jun 2002 |
£59,000 | 30 May 2001 |
£47,995 | 30 Jul 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £115,000 results in an estimated price of approximately £124,840.
21 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £115,000 | £9,840 | £124,840 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 6.439 % | £7,405 | £122,405 |
3 Month Average | 8.436 % | £9,701 | £124,701 |
6 Month Average | 7.202 % | £8,282 | £123,282 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £287,497 | £285,000 | 8 HASTINGS AVENUE |
3 Nov 2023 | £146,211 | £142,500 | FLAT 2 AQUILINE HOUSE WEYMOUTH CLOSE |
11 Oct 2023 | £120,742 | £118,000 | FLAT 17 AQUILINE HOUSE WEYMOUTH CLOSE |
9 Oct 2023 | £253,252 | £247,500 | 21 WEYMOUTH CLOSE |
15 Sep 2023 | £139,066 | £136,000 | FLAT 1 AQUILINE HOUSE WEYMOUTH CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 1 Feb 2021. Using an estimated price of £124,840 means this house is valued at £2,600 per sq meter (£241 per sq foot).
The average size of a house on WEYMOUTH CLOSE is 56 sq meters (608 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Weymouth Close |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Deal Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Selsey Avenue |
Jun 2024 | Vehicle crime | Under investigation | On or near Selsey Avenue |
May 2024 | Violence and sexual offences | Local resolution | On or near Selsey Avenue |