£343,807
This estimated value is based upon the latest sale price for the house of £197,500 on 8 Jul 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £197,500 | 8 Jul 2011 |
| £72,500 | 29 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 948 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 July 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £197,500 results in an estimated price of approximately £343,807.
| 8 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £197,500 | £146,307 | £343,807 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 62.408 % | £123,255 | £320,755 |
| 3 Month Average | 67.737 % | £133,780 | £331,280 |
| 6 Month Average | 64.537 % | £127,459 | £324,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £223,433 | £220,000 | 73 CROWN ROAD |
| 27 Oct 2023 | £278,321 | £272,000 | 59 CROWN ROAD |
| 24 Feb 2023 | £432,892 | £430,000 | 146 LEAS ROAD |
| 2 Nov 2022 | £323,487 | £325,000 | 123 LEAS ROAD |
| 17 Oct 2022 | £254,151 | £255,000 | 56 CHERRY TREE AVENUE |
This house has a floor area of 88 sq meters or 948 sq feet when measured on 8 Feb 2011. Using an estimated price of £343,807 means this house is valued at £3,902 per sq meter (£362 per sq foot).
The average size of a house on LEAS ROAD is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Henry Close |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Henry Close |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Henry Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Henry Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Henry Close |