£112,416
This estimated value is based upon the latest sale price for the house of £83,000 on 7 Apr 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£83,000 | 7 Apr 2016 |
£110,000 | 31 May 2007 |
£100,000 | 1 Jul 2005 |
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 April 2016 the House Price Index for ESSEX was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £83,000 results in an estimated price of approximately £112,416.
7 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 148.6 | 35.442 % | £83,000 | £29,416 | £112,416 |
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 | 37.648 % | £31,247 | £114,247 |
3 Month Average | 38.543 % | £31,990 | £114,990 |
6 Month Average | 35.137 % | £29,163 | £112,163 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jul 2023 | £212,865 | £210,000 | 89 ROSEMARY ROAD WEST |
23 Nov 2022 | £242,068 | £245,000 | 106 ROSEMARY ROAD WEST |
14 Sep 2020 | £166,233 | £140,000 | 34A ELLIS ROAD |
12 Mar 2020 | £108,399 | £90,000 | FLAT 2 RAMSDEN CHAMBERS, 101 PIER AVENUE |
2 Mar 2020 | £156,577 | £130,000 | 98 ROSEMARY ROAD WEST |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 9 Sep 2019. Using an estimated price of £112,416 means this house is valued at £1,972 per sq meter (£183 per sq foot).
The average size of a house on PIER AVENUE is 101 sq meters (1,096 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Possession of weapons | Under investigation | On or near Pier Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Pier Avenue |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Pier Avenue |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Pier Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Pier Avenue |