£224,033
This estimated value is based upon the latest sale price for the house of £180,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£180,000 | 28 Jun 2019 |
£125,000 | 14 Jan 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 87 sq meters or 936 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 June 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £180,000 results in an estimated price of approximately £224,033.
28 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £180,000 | £44,033 | £224,033 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | 23.101 % | £41,581 | £221,581 |
3 Month Average | 3.719 % | £6,694 | £186,694 |
6 Month Average | 0.465 % | £837 | £180,837 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £290,828 | £285,000 | 9 WEST LEY |
28 Apr 2023 | £366,862 | £360,000 | 27 WEST LEY |
21 Apr 2023 | £377,052 | £370,000 | PIPERS SANDPIT LANE |
24 May 2022 | £487,706 | £475,000 | 1 MILDMAY ROAD |
8 Oct 2021 | £314,894 | £282,500 | 1 ALAMEIN ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 9 Mar 2019. Using an estimated price of £224,034 means this house is valued at £2,575 per sq meter (£239 per sq foot).
The average size of a house on MILDMAY ROAD is 119 sq meters (1,281 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Mildmay Road |
May 2024 | Burglary | Under investigation | On or near Normandy Avenue |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Essex Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near New Road |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near New Road |