£111,829
This estimated value is based upon the latest sale price for the house of £21,000 on 31 Dec 1996. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £21,000 | 31 Dec 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 359 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 December 1996 the House Price Index for ESSEX was 27.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 432.520%.Applying this 432.520% change to the original purchase price of £21,000 results in an estimated price of approximately £111,829.
| 31 Dec 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 146.7 | 432.520 % | £21,000 | £90,829 | £111,829 |
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 | 552.142 % | £115,949 | £136,949 |
| 3 Month Average | 358.521 % | £75,289 | £96,289 |
| 6 Month Average | 387.552 % | £81,385 | £102,385 |
This house has a floor area of 33 sq meters or 359 sq feet when measured on 21 Aug 2009.
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 |