£261,510
This estimated value is based upon the latest sale price for the house of £107,000 on 14 Mar 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£107,000 | 14 Mar 2003 |
£64,000 | 26 Oct 2000 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 March 2003 the House Price Index for ESSEX was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £107,000 results in an estimated price of approximately £261,510.
14 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
61.3 | 149.7 | 144.402 % | £107,000 | £154,510 | £261,510 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 85.187 % | £91,149 | £198,149 |
3 Month Average | 86.948 % | £93,034 | £200,034 |
6 Month Average | 100.093 % | £107,099 | £214,099 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £156,600 | £156,600 | 66 VICTOR ROAD |
13 Dec 2023 | £185,706 | £180,000 | 43 NEW PARK STREET |
14 Aug 2023 | £229,133 | £225,000 | 60 VICTOR ROAD |
20 Jan 2023 | £204,761 | £204,214 | 6 VICTOR ROAD |
5 May 2022 | £227,938 | £222,000 | 42 VICTOR ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 28 Apr 2017. Using an estimated price of £261,510 means this house is valued at £4,358 per sq meter (£404 per sq foot).
The average size of a house on VICTOR ROAD is 65 sq meters (710 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Under investigation | On or near New Park Street |
Sep 2024 | Violence and sexual offences | Under investigation | On or near New Park Street |
Sep 2024 | Public order | Under investigation | On or near New Park Street |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Park Street |
Aug 2024 | Violence and sexual offences | Under investigation | On or near New Park Street |