£115,805
This estimated value is based upon the latest sale price for the house of £70,000 on 26 Jan 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £70,000 | 26 Jan 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 January 2007 the House Price Index for ESSEX was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £70,000 results in an estimated price of approximately £115,805.
| 26 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £70,000 | £45,805 | £115,805 |
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 | 147.924 % | £103,546 | £173,546 |
| 3 Month Average | 63.507 % | £44,454 | £114,454 |
| 6 Month Average | 46.490 % | £32,542 | £102,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £350,779 | £340,000 | 2 HILL ROAD |
| 12 Oct 2023 | £92,092 | £90,000 | 9 STEELE HOUSE HIGH STREET |
| 25 Aug 2023 | £136,970 | £134,500 | FLAT 3 THE MEWS CLIFF ROAD |
| 31 Mar 2023 | £195,261 | £192,000 | 288 HIGH STREET |
| 1 Nov 2022 | £126,907 | £127,500 | 15 CENTRAL HOUSE HIGH STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 8 Dec 2012. Using an estimated price of £115,805 means this house is valued at £2,227 per sq meter (£206 per sq foot).
The average size of a house on HIGH STREET is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Hill Road |
| Jul 2024 | Shoplifting | Under investigation | On or near Mill Close |
| Jul 2024 | Shoplifting | Under investigation | On or near Mill Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Close |