£241,034
This estimated value is based upon the latest sale price for the house of £42,000 on 25 Oct 1995. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £42,000 | 25 Oct 1995 |
| Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 1995 the House Price Index for ESSEX was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 473.891%.Applying this 473.891% change to the original purchase price of £42,000 results in an estimated price of approximately £241,034.
| 25 Oct 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 149.7 | 473.891 % | £42,000 | £199,034 | £241,034 |
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 | 384.375 % | £161,437 | £203,437 |
| 3 Month Average | 393.918 % | £165,445 | £207,445 |
| 6 Month Average | 388.019 % | £162,967 | £204,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £136,183 | £135,000 | 5 QUEENS ROAD |
| 1 Mar 2024 | £223,433 | £220,000 | 73 CROWN ROAD |
| 7 Dec 2023 | £290,940 | £282,000 | 47 QUEENS ROAD |
| 27 Oct 2023 | £278,321 | £272,000 | 59 CROWN ROAD |
| 12 Sep 2023 | £263,816 | £258,000 | 14 CROWN ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 29 Oct 2013. Using an estimated price of £241,034 means this house is valued at £4,228 per sq meter (£392 per sq foot).
The average size of a house on QUEENS ROAD is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Crown Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crown Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crown Road |
| Aug 2024 | Anti-social behaviour | On or near Crown Road | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crown Road |