£127,730
This estimated value is based upon the latest sale price for the house of £125,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£125,000 | 24 Jun 2022 |
£149,950 | 5 Apr 2011 |
£171,287 | 1 May 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 June 2022 the House Price Index for ESSEX was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £125,000 results in an estimated price of approximately £127,730.
24 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £125,000 | £2,730 | £127,730 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | -17.602 % | £-22,002 | £102,997 |
3 Month Average | -4.732 % | £-5,915 | £119,084 |
6 Month Average | -16.223 % | £-20,278 | £104,721 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £176,000 | £176,000 | FLAT 22 BOLEYN HOUSE ROCHE CLOSE |
25 Apr 2024 | £131,139 | £130,000 | FLAT 4 ORMOND HOUSE ROCHE CLOSE |
17 Nov 2023 | £220,600 | £215,000 | 38 NORTH STREET |
27 Oct 2023 | £179,067 | £175,000 | FLAT 33 BOLEYN HOUSE ROCHE CLOSE |
6 Oct 2023 | £209,764 | £205,000 | FLAT 24 ROCHEFORTE HOUSE ROCHE CLOSE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 2 Jun 2021. Using an estimated price of £127,730 means this house is valued at £2,902 per sq meter (£269 per sq foot).
The average size of a house on ROCHE CLOSE is 50 sq meters (546 sq feet).