£163,118
This estimated value is based upon the latest sale price for the house of £122,500 on 14 Jul 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£122,500 | 14 Jul 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £122,500 results in an estimated price of approximately £163,118.
14 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £122,500 | £40,618 | £163,118 |
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 | 0.691 % | £846 | £123,346 |
3 Month Average | 17.549 % | £21,497 | £143,997 |
6 Month Average | 27.341 % | £33,492 | £155,992 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £170,000 | £170,000 | 27 FERNLEA ROAD |
15 Dec 2023 | £195,419 | £192,000 | 3 FERNLEA ROAD |
14 Nov 2023 | £101,503 | £100,000 | FLAT 18 THE OLD SCHOOL APARTMENTS, 56 MAIN ROAD |
10 Mar 2023 | £141,332 | £140,000 | FLAT 11 THE OLD SCHOOL APARTMENTS, 56 MAIN ROAD |
15 Jul 2022 | £144,890 | £144,500 | FLAT 33 THE OLD SCHOOL APARTMENTS, 56 MAIN ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 21 Dec 2015. Using an estimated price of £163,118 means this house is valued at £3,262 per sq meter (£303 per sq foot).
The average size of a house on MAIN ROAD is 82 sq meters (891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernlea Road |
Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Alexandra Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ferndale Road |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ferndale Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Police Station |