£592,575
This estimated value is based upon the latest sale price for the house of £402,000 on 16 Mar 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £402,000 | 16 Mar 2015 |
| Detached |
| Freehold |
| Floor Area: 188 sq meters or 2,025 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 2015 the House Price Index for ESSEX was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £402,000 results in an estimated price of approximately £592,575.
| 16 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £402,000 | £190,575 | £592,575 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 47.843 % | £192,330 | £594,330 |
| 3 Month Average | 52.299 % | £210,243 | £612,243 |
| 6 Month Average | 55.650 % | £223,713 | £625,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £471,988 | £465,000 | 72 MARGRATEN AVENUE |
| 12 Jul 2023 | £381,130 | £376,000 | 103 MAURICE ROAD |
| 8 Aug 2022 | £371,500 | £372,500 | 76B MAURICE ROAD |
| 12 Jul 2022 | £345,931 | £345,000 | 30 MARGRATEN AVENUE |
| 21 Mar 2022 | £334,713 | £323,000 | 34 LOTTEM ROAD |
This house has a floor area of 188 sq meters or 2,025 sq feet when measured on 17 Feb 2012. Using an estimated price of £592,575 means this house is valued at £3,148 per sq meter (£292 per sq foot).
The average size of a house on EASTERN ESPLANADE is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Compton Court | |
| Feb 2024 | Anti-social behaviour | On or near Compton Court | |
| Jan 2024 | Anti-social behaviour | On or near Compton Court | |
| Jan 2024 | Anti-social behaviour | On or near Compton Court | |
| Jan 2024 | Anti-social behaviour | On or near Compton Court |