£106,532
This estimated value is based upon the latest sale price for the house of £76,500 on 2 Nov 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£76,500 | 2 Nov 2015 |
£80,000 | 24 Jun 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 November 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £76,500 results in an estimated price of approximately £106,532.
2 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £76,500 | £30,032 | £106,532 |
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 | 33.091 % | £25,314 | £101,814 |
3 Month Average | 30.958 % | £23,682 | £100,182 |
6 Month Average | 35.890 % | £27,455 | £103,955 |
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 63 sq meters or 678 sq feet when measured on 29 May 2019. Using an estimated price of £106,533 means this house is valued at £1,691 per sq meter (£157 per sq foot).
The average size of a house on PIER AVENUE is 101 sq meters (1,096 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pier Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pier Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pier Avenue |
Apr 2024 | Public order | Under investigation | On or near Pier Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pier Avenue |