£273,001
This estimated value is based upon the latest sale price for the house of £88,000 on 27 Feb 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £88,000 | 27 Feb 2002 |
| £57,500 | 3 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 2002 the House Price Index for ESSEX was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £88,000 results in an estimated price of approximately £273,001.
| 27 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 149.7 | 210.229 % | £88,000 | £185,001 | £273,001 |
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 | 176.627 % | £155,431 | £243,431 |
| 3 Month Average | 192.763 % | £169,631 | £257,631 |
| 6 Month Average | 174.247 % | £153,337 | £241,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £279,291 | £275,000 | 24 ST PAULS ROAD |
| 30 Jun 2023 | £397,975 | £390,000 | 25 MORTEN ROAD |
| 19 Jun 2023 | £438,793 | £430,000 | 26 MORTEN ROAD |
| 15 Jun 2023 | £255,112 | £250,000 | 5 ORCHARD ROAD |
| 10 Jan 2023 | £185,496 | £185,000 | 32 COLNE BANK AVENUE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 1 Apr 2019. Using an estimated price of £273,002 means this house is valued at £5,460 per sq meter (£507 per sq foot).
The average size of a house on MORTEN ROAD is 68 sq meters (732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Morten Road | |
| Sep 2024 | Other theft | Under investigation | On or near Morten Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Morten Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near John Harper Street |
| Sep 2024 | Anti-social behaviour | On or near John Harper Street |