£176,904
This estimated value is based upon the latest sale price for the house of £175,000 on 14 Apr 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £175,000 | 14 Apr 2023 |
| £140,000 | 21 Oct 2011 |
| £125,000 | 30 Jul 2003 |
| £95,000 | 31 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 April 2023 the House Price Index for ESSEX was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £175,000 results in an estimated price of approximately £176,904.
| 14 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £175,000 | £1,904 | £176,904 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 55.806 % | £97,660 | £272,660 |
| 3 Month Average | -20.341 % | £-35,597 | £139,402 |
| 6 Month Average | -21.925 % | £-38,368 | £136,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £293,556 | £290,000 | 98 COLNE ROAD |
| 14 Apr 2023 | £176,905 | £175,000 | 10 UPPER FENN ROAD |
| 8 Feb 2023 | £264,822 | £265,000 | 80 COLNE ROAD |
| 25 Aug 2022 | £199,463 | £200,000 | 10 DAME MARY WALK |
| 25 Aug 2022 | £199,463 | £200,000 | FLAT 44 ALEXANDER COURT DAME MARY WALK |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Sep 2021. Using an estimated price of £176,905 means this house is valued at £2,491 per sq meter (£231 per sq foot).
The average size of a house on UPPER FENN ROAD is 97 sq meters (1,047 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Formal action is not in the public interest | On or near Upper Fenn Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Upper Fenn Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fenn Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fenn Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fenn Road |