£189,205
This estimated value is based upon the latest sale price for the house of £162,000 on 13 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £162,000 | 13 Nov 2020 |
| £127,000 | 18 Nov 2016 |
| £47,000 | 16 Mar 2001 |
| £36,000 | 1 Feb 1999 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £162,000 results in an estimated price of approximately £189,205.
| 13 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £162,000 | £27,205 | £189,205 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 9.259 % | £14,999 | £176,999 |
| 3 Month Average | 2.194 % | £3,553 | £165,553 |
| 6 Month Average | 13.299 % | £21,543 | £183,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £156,600 | £156,600 | 66 VICTOR ROAD |
| 13 Dec 2023 | £185,706 | £180,000 | 43 NEW PARK STREET |
| 14 Aug 2023 | £229,133 | £225,000 | 60 VICTOR ROAD |
| 5 May 2022 | £227,938 | £222,000 | 42 VICTOR ROAD |
| 9 Mar 2022 | £199,391 | £191,000 | 135 BARRACK STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 29 May 2020. Using an estimated price of £189,206 means this house is valued at £3,638 per sq meter (£338 per sq foot).
The average size of a house on BARRACK STREET is 65 sq meters (706 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Challenge Way |
| Sep 2024 | Public order | Under investigation | On or near Challenge Way |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Challenge Way |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Challenge Way |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Challenge Way |