£166,801
This estimated value is based upon the latest sale price for the house of £125,000 on 21 Oct 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£125,000 | 21 Oct 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 574 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 October 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £125,000 results in an estimated price of approximately £166,801.
21 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £125,000 | £41,801 | £166,801 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -34.531 % | £-43,164 | £81,835 |
3 Month Average | 14.428 % | £18,034 | £143,034 |
6 Month Average | 20.542 % | £25,677 | £150,677 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £130,618 | £128,000 | FLAT 19 VICTORIA HOUSE ELD LANE |
28 Feb 2023 | £241,614 | £240,000 | 35 LONG WYRE STREET |
14 Feb 2023 | £133,391 | £132,500 | 85 MAIDENBURGH STREET |
27 Jan 2023 | £140,375 | £140,000 | FLAT 13 VICTORIA HOUSE ELD LANE |
10 Nov 2022 | £1,313,856 | £1,320,000 | 111 HIGH STREET |
This house has a floor area of 53 sq meters or 574 sq feet when measured on 13 Oct 2008. Using an estimated price of £166,801 means this house is valued at £3,125 per sq meter (£290 per sq foot).
The average size of a house on MUSEUM STREET is 58 sq meters (630 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Museum Street |
Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Museum Street |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Museum Street |
Jul 2024 | Anti-social behaviour | On or near Museum Street | |
Jul 2024 | Other theft | Under investigation | On or near Museum Street |