£101,902
This estimated value is based upon the latest sale price for the house of £52,500 on 27 Aug 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£52,500 | 27 Aug 2004 |
£35,000 | 17 Jun 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 August 2004 the House Price Index for ESSEX was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £52,500 results in an estimated price of approximately £101,902.
27 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 149.7 | 94.099 % | £52,500 | £49,402 | £101,902 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 45.525 % | £23,900 | £76,400 |
3 Month Average | 67.511 % | £35,443 | £87,943 |
6 Month Average | 63.146 % | £33,151 | £85,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2022 | £484,264 | £482,000 | 15 KELVIN COURT FOURTH AVENUE |
29 Jul 2022 | £247,480 | £245,000 | FLAT 1 THE GRAND, 6 THE ESPLANADE |
27 Apr 2022 | £1,089,293 | £1,050,000 | 21 THIRD AVENUE |
10 Mar 2022 | £991,736 | £950,000 | THE OLD SURGERY, 14 HOLLAND ROAD |
29 Sep 2021 | £521,073 | £480,000 | 12 KELVIN COURT FOURTH AVENUE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 3 Sep 2020. Using an estimated price of £101,902 means this house is valued at £2,754 per sq meter (£255 per sq foot).
The average size of a house on FOURTH AVENUE is 141 sq meters (1,527 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Second Avenue | |
Jul 2024 | Vehicle crime | Under investigation | On or near Fourth Avenue |