£161,445
This estimated value is based upon the latest sale price for the house of £119,995 on 24 Jun 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Church Road
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| Price Paid | Date |
|---|---|
| £119,995 | 24 Jun 2016 |
| £108,000 | 12 Aug 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 June 2016 the House Price Index for ESSEX was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £119,995 results in an estimated price of approximately £161,445.
| 24 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £119,995 | £41,450 | £161,445 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 19.060 % | £22,871 | £142,866 |
| 3 Month Average | 52.076 % | £62,488 | £182,483 |
| 6 Month Average | 62.210 % | £74,648 | £194,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £345,000 | £345,000 | DAGNY HOUSE, 14 VICTORIA ROAD |
| 3 May 2024 | £400,000 | £400,000 | 16 VICTORIA ROAD |
| 19 Apr 2024 | £156,358 | £155,000 | FLAT 8 GRANTS COURT VICTORIA ROAD |
| 20 Nov 2023 | £302,683 | £295,000 | POLICE STATION MARTELLO ROAD |
| 11 Oct 2023 | £92,092 | £90,000 | 28A STATION STREET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 8 Oct 2015. Using an estimated price of £161,446 means this house is valued at £3,294 per sq meter (£306 per sq foot).
The average size of a house on VICTORIA ROAD is 76 sq meters (827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Church Road | |
| Jun 2024 | Anti-social behaviour | On or near Church Road | |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Road |