£283,361
This estimated value is based upon the latest sale price for the house of £212,500 on 21 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £212,500 | 21 Mar 2016 |
| £187,000 | 29 Apr 2005 |
| £100,000 | 15 Jan 2002 |
| £48,000 | 26 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.347%.Applying this 33.347% change to the original purchase price of £212,500 results in an estimated price of approximately £283,361.
| 21 Mar 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 146.7 | 33.347 % | £212,500 | £70,861 | £283,361 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 37.607 % | £79,914 | £292,414 |
| 3 Month Average | 30.924 % | £65,713 | £278,213 |
| 6 Month Average | 32.996 % | £70,115 | £282,615 |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 24 Jul 2015.
The average size of a house on LUCAS ROAD is 74 sq meters (804 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Lucas Road |
| Jan 2024 | Anti-social behaviour | On or near Lucas Road | |
| Jan 2024 | Anti-social behaviour | On or near Lucas Road | |
| Jan 2024 | Anti-social behaviour | On or near Lucas Road | |
| Mar 2024 | Robbery | Under investigation | On or near Fairfax Road |