£185,256
This estimated value is based upon the latest sale price for the house of £134,000 on 27 Jan 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£134,000 | 27 Jan 2016 |
£149,000 | 29 Jul 2005 |
£112,500 | 8 Apr 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 2016 the House Price Index for ESSEX was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £134,000 results in an estimated price of approximately £185,256.
27 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £134,000 | £51,256 | £185,256 |
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 | 49.471 % | £66,291 | £200,291 |
3 Month Average | 30.705 % | £41,145 | £175,145 |
6 Month Average | 36.622 % | £49,073 | £183,073 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £188,792 | £184,000 | 3 NELSON ROAD |
22 Sep 2023 | £92,029 | £90,000 | FLAT 1 COLLINGWOOD GREEN COLLINGWOOD ROAD |
23 Feb 2023 | £171,143 | £170,000 | 1 MARINE COURT MARINE PARADE WEST |
28 Oct 2022 | £158,471 | £159,000 | FLAT 15 COLLINGWOOD GREEN COLLINGWOOD ROAD |
24 Aug 2022 | £540,025 | £537,500 | 4 WASH LANE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 22 May 2015. Using an estimated price of £185,257 means this house is valued at £3,250 per sq meter (£301 per sq foot).
The average size of a house on MARINE PARADE WEST is 66 sq meters (717 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Collingwood Road |
Jun 2024 | Possession of weapons | Under investigation | On or near Collingwood Road |
Jun 2024 | Drugs | Unable to prosecute suspect | On or near Collingwood Road |
Jul 2024 | Criminal damage and arson | Awaiting court outcome | On or near St Vincent Road |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near St Vincent Road |