£292,437
This estimated value is based upon the latest sale price for the house of £235,000 on 8 Feb 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £235,000 | 8 Feb 2018 |
| £217,000 | 20 May 2016 |
| £174,950 | 9 Jul 2007 |
| £94,995 | 30 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 February 2018 the House Price Index for ESSEX was 118.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.442%.Applying this 24.442% change to the original purchase price of £235,000 results in an estimated price of approximately £292,437.
| 8 Feb 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.0 | 24.442 % | £235,000 | £57,437 | £292,437 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 8.960 % | £21,056 | £256,056 |
| 3 Month Average | 21.128 % | £49,651 | £284,651 |
| 6 Month Average | 13.585 % | £31,925 | £266,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £203,857 | £200,000 | 13 NEALE ROAD |
| 30 Mar 2023 | £296,603 | £295,000 | 6 NEALE ROAD |
| 10 Mar 2023 | £296,603 | £295,000 | 2 MITCHELL AVENUE |
| 10 Mar 2023 | £180,978 | £180,000 | 1 NEW STREET |
| 21 Jun 2022 | £242,457 | £240,000 | 150 KINGS ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 16 Apr 2014. Using an estimated price of £292,438 means this house is valued at £4,177 per sq meter (£388 per sq foot).
The average size of a house on KINGS ROAD is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neale Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neale Road |