£190,445
This estimated value is based upon the latest sale price for the house of £115,000 on 12 Sep 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£115,000 | 12 Sep 2013 |
£145,000 | 20 Oct 2010 |
£142,500 | 1 Feb 2008 |
£95,000 | 31 Jul 2003 |
£50,000 | 12 Oct 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 September 2013 the House Price Index for ESSEX was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £115,000 results in an estimated price of approximately £190,445.
12 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 149.7 | 65.605 % | £115,000 | £75,445 | £190,445 |
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 | 139.291 % | £160,185 | £275,185 |
3 Month Average | 57.059 % | £65,618 | £180,618 |
6 Month Average | 64.659 % | £74,357 | £189,357 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Oct 2023 | £230,229 | £225,000 | FLAT 6 QUAY COURTYARD SOUTH STREET |
15 Sep 2023 | £194,283 | £190,000 | FLAT 8 COMPASS COURT SOUTH STREET |
30 Jun 2023 | £816,360 | £800,000 | 44 HIGH STREET |
1 Aug 2022 | £401,879 | £400,000 | 18 MALTINGS WHARF |
1 Aug 2022 | £366,715 | £365,000 | 14 MALTINGS WHARF |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 12 Jul 2021. Using an estimated price of £190,446 means this house is valued at £4,140 per sq meter (£384 per sq foot).
The average size of a house on SOUTH STREET is 86 sq meters (935 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near High Street | |
Jun 2024 | Anti-social behaviour | On or near High Street | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Street |
May 2024 | Anti-social behaviour | On or near High Street | |
May 2024 | Violence and sexual offences | Under investigation | On or near High Street |