£145,858
This estimated value is based upon the latest sale price for the house of £84,000 on 7 Dec 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Parking Area
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| Price Paid | Date |
|---|---|
| £84,000 | 7 Dec 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 600 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 December 2011 the House Price Index for ESSEX was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £84,000 results in an estimated price of approximately £145,858.
| 7 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £84,000 | £61,858 | £145,858 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 36.799 % | £30,911 | £114,911 |
| 3 Month Average | 86.365 % | £72,546 | £156,546 |
| 6 Month Average | 84.214 % | £70,739 | £154,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £132,058 | £128,000 | FLAT 8 KINGS REACH STANDLEY ROAD |
| 30 Oct 2023 | £230,229 | £225,000 | FLAT 25 OCEAN VIEW PRINCES ESPLANADE |
| 28 Apr 2023 | £171,202 | £168,000 | FLAT 18 OCEAN VIEW PRINCES ESPLANADE |
| 31 Mar 2023 | £254,246 | £250,000 | 2 EAGLE AVENUE |
| 17 Jan 2023 | £451,206 | £450,000 | TRINITY KINO ROAD |
This house has a floor area of 55 sq meters or 600 sq feet when measured on 6 Dec 2010. Using an estimated price of £145,858 means this house is valued at £2,613 per sq meter (£242 per sq foot).
The average size of a house on STANDLEY ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Prince'S Esplanade |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Prince'S Esplanade |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Prince'S Esplanade |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Prince'S Esplanade |