£184,835
This estimated value is based upon the latest sale price for the house of £150,000 on 26 May 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £150,000 | 26 May 2020 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 May 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £150,000 results in an estimated price of approximately £184,835.
| 26 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £150,000 | £34,835 | £184,835 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 29.825 % | £44,737 | £194,737 |
| 3 Month Average | 14.685 % | £22,027 | £172,027 |
| 6 Month Average | 14.939 % | £22,408 | £172,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £400,000 | £400,000 | 16 VICTORIA ROAD |
| 3 May 2024 | £345,000 | £345,000 | DAGNY HOUSE, 14 VICTORIA ROAD |
| 20 Nov 2023 | £302,683 | £295,000 | POLICE STATION MARTELLO ROAD |
| 11 Oct 2023 | £92,092 | £90,000 | 28A STATION STREET |
| 27 Oct 2022 | £281,061 | £282,000 | 25 CHURCH ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 13 Mar 2020. Using an estimated price of £184,835 means this house is valued at £2,200 per sq meter (£204 per sq foot).
The average size of a house on CHURCH ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Church Road | |
| Jun 2024 | Anti-social behaviour | On or near Church Road | |
| Jun 2024 | Anti-social behaviour | On or near Church Road | |
| Jun 2024 | Anti-social behaviour | On or near Church Road | |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Victoria Road |