£137,327
This estimated value is based upon the latest sale price for the house of £110,000 on 27 Jul 2018. 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 Castlegate Street
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| Price Paid | Date |
|---|---|
| £110,000 | 27 Jul 2018 |
| £91,000 | 4 Sep 2006 |
| £23,050 | 31 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 July 2018 the House Price Index for ESSEX was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £110,000 results in an estimated price of approximately £137,327.
| 27 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £110,000 | £27,327 | £137,327 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 127.295 % | £140,024 | £250,024 |
| 3 Month Average | 43.135 % | £47,448 | £157,448 |
| 6 Month Average | 29.107 % | £32,017 | £142,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £88,865 | £87,500 | FLAT 23 QUAYSIDE COURT THE QUAY |
| 30 Nov 2023 | £150,829 | £147,000 | 24 KINGS HEAD STREET |
| 2 Oct 2023 | £179,067 | £175,000 | 21 MARKET STREET |
| 17 Mar 2023 | £84,410 | £83,000 | FLAT 8 QUAYSIDE COURT THE QUAY |
| 10 Feb 2023 | £166,110 | £165,000 | FLAT 7 QUAYSIDE COURT THE QUAY |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 14 Sep 2012. Using an estimated price of £137,327 means this house is valued at £3,193 per sq meter (£296 per sq foot).
The average size of a house on THE QUAY is 58 sq meters (628 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Awaiting court outcome | On or near Castlegate Street |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Castlegate Street |
| Jul 2024 | Anti-social behaviour | On or near Ferry Terminal | |
| Jul 2024 | Other theft | Under investigation | On or near Ferry Terminal |
| Jul 2024 | Public order | Under investigation | On or near Ferry Terminal |