£156,589
This estimated value is based upon the latest sale price for the house of £150,000 on 8 Mar 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£150,000 | 8 Mar 2022 |
£137,500 | 25 Nov 2019 |
£142,500 | 28 Mar 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 March 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £150,000 results in an estimated price of approximately £156,589.
8 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £150,000 | £6,589 | £156,589 |
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 | 18.624 % | £27,936 | £177,936 |
3 Month Average | 27.247 % | £40,870 | £190,870 |
6 Month Average | 7.848 % | £11,771 | £161,771 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £258,979 | £255,000 | 14 MANOR ROAD |
30 Nov 2023 | £153,907 | £150,000 | FLAT 12 ROSACEAE, 405 MAIN ROAD |
15 Sep 2023 | £219,846 | £215,000 | 1 MANOR ROAD |
17 Aug 2023 | £157,847 | £155,000 | FLAT 5 SAPINDALE, 407 MAIN ROAD |
22 Aug 2022 | £152,714 | £152,000 | 115 ASHLEY ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 14 Feb 2018. Using an estimated price of £156,590 means this house is valued at £2,567 per sq meter (£238 per sq foot).
The average size of a house on MAIN ROAD is 82 sq meters (891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Manor Road |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Manor Road |
Jul 2024 | Anti-social behaviour | On or near Manor Road | |
Jul 2024 | Anti-social behaviour | On or near Manor Road | |
Jul 2024 | Anti-social behaviour | On or near Manor Road |