£279,710
This estimated value is based upon the latest sale price for the house of £165,000 on 31 Jan 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£165,000 | 31 Jan 2013 |
Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 January 2013 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £165,000 results in an estimated price of approximately £279,710.
31 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.521 % | £165,000 | £114,710 | £279,710 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 95.002 % | £156,752 | £321,752 |
3 Month Average | 81.044 % | £133,722 | £298,722 |
6 Month Average | 68.205 % | £112,538 | £277,538 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Sep 2023 | £172,202 | £170,000 | 1 GASFIELD |
25 Aug 2023 | £257,251 | £255,000 | 5 REGENT STREET |
25 Aug 2023 | £271,172 | £268,800 | 3 REGENT STREET |
17 Aug 2023 | £332,912 | £330,000 | 4 MALTHOUSE ROAD |
7 Aug 2023 | £180,075 | £178,500 | 69 MALTHOUSE ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 11 Sep 2012. Using an estimated price of £279,710 means this house is valued at £3,178 per sq meter (£295 per sq foot).
The average size of a house on NORMAN ROAD is 116 sq meters (1,254 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Parsons Yard | |
Feb 2024 | Anti-social behaviour | On or near Parsons Yard | |
Feb 2024 | Anti-social behaviour | On or near Parsons Yard | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Erskine Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Erskine Road |