£528,766
This estimated value is based upon the latest sale price for the house of £288,000 on 7 Oct 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £288,000 | 7 Oct 2005 |
| £220,000 | 18 Dec 2002 |
| £130,000 | 22 Jun 2000 |
| £110,000 | 22 Sep 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 116 sq meters or 1,248 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 October 2005 the House Price Index for ESSEX was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £288,000 results in an estimated price of approximately £528,766.
| 7 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £288,000 | £240,766 | £528,766 |
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 | 29.652 % | £85,396 | £373,396 |
| 3 Month Average | 67.870 % | £195,464 | £483,464 |
| 6 Month Average | 59.548 % | £171,497 | £459,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £296,984 | £295,000 | 22 FRINTON COURT THE ESPLANADE |
| 3 Feb 2023 | £243,627 | £242,000 | 5 FRINTON COURT THE ESPLANADE |
| 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 |
| 11 May 2022 | £138,611 | £135,000 | 12 FRINTON COURT THE ESPLANADE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 30 Oct 2020. Using an estimated price of £528,767 means this house is valued at £4,558 per sq meter (£423 per sq foot).
The average size of a house on FOURTH AVENUE is 141 sq meters (1,527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Fourth Avenue |