£57,461
This estimated value is based upon the latest sale price for the house of £57,500 on 6 Feb 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£57,500 | 6 Feb 2023 |
£72,000 | 30 Sep 2011 |
£77,000 | 19 Jan 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 494 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 February 2023 the House Price Index for ESSEX was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £57,500 results in an estimated price of approximately £57,461.
6 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 148.6 | -0.067 % | £57,500 | £-38 | £57,461 |
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 | 13.268 % | £7,629 | £65,129 |
3 Month Average | 4.657 % | £2,677 | £60,177 |
6 Month Average | -1.562 % | £-898 | £56,601 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £356,233 | £350,000 | 15 EDITH ROAD |
1 Aug 2023 | £131,147 | £130,000 | FLAT 26 WESTCLIFF COURT EDITH ROAD |
17 Mar 2023 | £166,569 | £165,000 | 3 WORCESTER COURT MARINE PARADE WEST |
6 Feb 2023 | £57,461 | £57,500 | FLAT 37 WESTCLIFF COURT EDITH ROAD |
10 Jan 2023 | £144,320 | £145,000 | FLAT 31 WESTCLIFF COURT EDITH ROAD |
This house has a floor area of 45 sq meters or 494 sq feet when measured on 10 Oct 2008. Using an estimated price of £57,461 means this house is valued at £1,251 per sq meter (£116 per sq foot).
The average size of a house on EDITH ROAD is 90 sq meters (974 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edith Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edith Road |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Edith Road |