£166,037
This estimated value is based upon the latest sale price for the house of £131,000 on 7 Sep 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £131,000 | 7 Sep 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2017 the House Price Index for ESSEX was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £131,000 results in an estimated price of approximately £166,037.
| 7 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £131,000 | £35,037 | £166,037 |
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 | -38.029 % | £-49,817 | £81,182 |
| 3 Month Average | 3.297 % | £4,319 | £135,319 |
| 6 Month Average | 3.778 % | £4,948 | £135,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £294,358 | £290,000 | 86 WINCHESTER ROAD |
| 18 Sep 2023 | £526,735 | £520,000 | 39 NEW TOWN ROAD |
| 6 Jul 2023 | £213,879 | £211,000 | 59 WINCHESTER ROAD |
| 31 Mar 2023 | £262,473 | £260,000 | 67 WINCHESTER ROAD |
| 20 Jan 2023 | £241,861 | £243,000 | 98 WINCHESTER ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 3 Jan 2020. Using an estimated price of £166,038 means this house is valued at £3,018 per sq meter (£280 per sq foot).
The average size of a house on NEW TOWN ROAD is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Myrtle Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Myrtle Grove |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Myrtle Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Town Road |
| Feb 2024 | Anti-social behaviour | On or near New Town Road |