£301,915
This estimated value is based upon the latest sale price for the house of £245,000 on 19 Oct 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 19 Oct 2018 |
| £204,000 | 28 Feb 2007 |
| £175,000 | 29 Sep 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 197 sq meters or 2,120 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 October 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £245,000 results in an estimated price of approximately £301,915.
| 19 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £245,000 | £56,915 | £301,915 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | -0.171 % | £-419 | £244,580 |
| 3 Month Average | -0.770 % | £-1,886 | £243,113 |
| 6 Month Average | 10.178 % | £24,937 | £269,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £260,277 | £258,000 | 7 PARK TERRACE |
| 10 Aug 2023 | £90,794 | £90,000 | FLAT 6 PARK COURT PARK ROAD |
| 3 Apr 2023 | £124,339 | £123,000 | FLAT 4 PARK COURT PARK ROAD |
| 4 Jul 2022 | £242,653 | £242,000 | 28 GWYNNE ROAD |
| 24 Jun 2022 | £182,580 | £180,000 | 8 PARK ROAD |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 23 Oct 2013. Using an estimated price of £301,916 means this house is valued at £1,532 per sq meter (£142 per sq foot).
The average size of a house on HIGH STREET is 87 sq meters (941 sq feet).
This house is the largest in the street with a floor area of 197 sq meters (2,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Park Road |
| Mar 2024 | Anti-social behaviour | On or near Gwynne Road |