£157,496
This estimated value is based upon the latest sale price for the house of £127,500 on 22 Feb 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £127,500 | 22 Feb 2019 |
| £110,500 | 12 Jan 2015 |
| £112,000 | 23 Mar 2007 |
| £59,500 | 25 Jan 2002 |
| £28,500 | 1 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £127,500 results in an estimated price of approximately £157,496.
| 22 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £127,500 | £29,996 | £157,496 |
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 | 59.241 % | £75,531 | £203,031 |
| 3 Month Average | -2.894 % | £-3,690 | £123,809 |
| 6 Month Average | 5.636 % | £7,185 | £134,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £376,575 | £371,000 | 6 VICARAGE MEADOW |
| 28 Apr 2023 | £171,850 | £170,000 | 104 MILL BRIDGE |
| 21 Feb 2023 | £169,886 | £170,000 | 84 MILL BRIDGE |
| 6 Jan 2023 | £308,547 | £310,000 | 40 KINGS ROAD |
| 28 Jul 2022 | £147,397 | £147,000 | 70 MILL BRIDGE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 7 Mar 2013. Using an estimated price of £157,497 means this house is valued at £3,281 per sq meter (£304 per sq foot).
The average size of a house on MILL BRIDGE is 44 sq meters (481 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Local resolution | On or near Factory Lane East |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |