£123,555
This estimated value is based upon the latest sale price for the house of £60,000 on 22 Apr 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£60,000 | 22 Apr 2004 |
£28,000 | 11 Feb 2003 |
£28,000 | 13 Feb 1998 |
£20,000 | 10 Dec 1997 |
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 April 2004 the House Price Index for ESSEX was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £60,000 results in an estimated price of approximately £123,555.
22 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.7 | 149.7 | 105.925 % | £60,000 | £63,555 | £123,555 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 198.446 % | £119,067 | £179,067 |
3 Month Average | 95.675 % | £57,404 | £117,404 |
6 Month Average | 85.881 % | £51,528 | £111,528 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £89,779 | £87,500 | 2 FOUNTAIN COURT WELLINGTON ROAD |
24 Aug 2023 | £274,959 | £270,000 | 2 WEST STREET |
9 Jun 2023 | £301,033 | £295,000 | 19 GEORGE STREET |
13 Feb 2023 | £271,816 | £270,000 | 9 GEORGE STREET |
16 Jan 2023 | £240,643 | £240,000 | 2 MAIN ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 15 Aug 2019. Using an estimated price of £123,555 means this house is valued at £2,574 per sq meter (£239 per sq foot).
The average size of a house on WEST STREET is 100 sq meters (1,080 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Golden Lion Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Golden Lion Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Golden Lion Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Golden Lion Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Golden Lion Lane |