£199,251
This estimated value is based upon the latest sale price for the house of £190,000 on 23 Feb 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£190,000 | 23 Feb 2022 |
£35,000 | 29 Oct 1999 |
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 February 2022 the House Price Index for ESSEX was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £190,000 results in an estimated price of approximately £199,251.
23 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £190,000 | £9,251 | £199,251 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 34.819 % | £66,156 | £256,156 |
3 Month Average | 22.107 % | £42,002 | £232,002 |
6 Month Average | 4.157 % | £7,898 | £197,898 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £192,461 | £190,000 | FLAT 8 COMPASS COURT SOUTH STREET |
17 Jul 2023 | £172,319 | £170,000 | FLAT 4 COMPASS COURT SOUTH STREET |
1 Aug 2022 | £398,926 | £400,000 | 18 MALTINGS WHARF |
1 Aug 2022 | £364,020 | £365,000 | 14 MALTINGS WHARF |
29 Jul 2022 | £230,621 | £230,000 | 28 MALTINGS WHARF |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 5 Mar 2015. Using an estimated price of £199,252 means this house is valued at £3,622 per sq meter (£336 per sq foot).
The average size of a house on SOUTH STREET is 86 sq meters (935 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near North Street |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near High Street |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near High Street |
Feb 2024 | Anti-social behaviour | On or near Stour Street | |
Feb 2024 | Anti-social behaviour | On or near Stour Street |