£190,943
This estimated value is based upon the latest sale price for the house of £129,000 on 1 Apr 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£129,000 | 1 Apr 2015 |
£49,000 | 20 May 1998 |
£34,000 | 17 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 2015 the House Price Index for ESSEX was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £129,000 results in an estimated price of approximately £190,943.
1 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £129,000 | £61,943 | £190,943 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 55.444 % | £71,523 | £200,523 |
3 Month Average | 39.365 % | £50,780 | £179,780 |
6 Month Average | 45.899 % | £59,209 | £188,209 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jun 2024 | £205,000 | £205,000 | APARTMENT 5 TURRET HOUSE VISTA ROAD |
20 Sep 2023 | £224,959 | £220,000 | APARTMENT 10 TURRET HOUSE VISTA ROAD |
11 Aug 2023 | £162,939 | £160,000 | APARTMENT 11 REBECCA HOUSE VISTA ROAD |
1 Jun 2023 | £51,022 | £50,000 | FLAT 7 OULTON HALL, 79 MARINE PARADE EAST |
31 Mar 2023 | £188,142 | £185,000 | APARTMENT 10 REBECCA HOUSE VISTA ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 30 Oct 2012. Using an estimated price of £190,943 means this house is valued at £3,292 per sq meter (£305 per sq foot).
The average size of a house on MARINE PARADE EAST is 75 sq meters (808 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near St Paul'S Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near St Paul'S Road |
Jul 2024 | Anti-social behaviour | On or near St Paul'S Road | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near St Paul'S Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Paul'S Road |