£181,540
This estimated value is based upon the latest sale price for the house of £100,000 on 21 Dec 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £100,000 | 21 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 December 2005 the House Price Index for ESSEX was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £100,000 results in an estimated price of approximately £181,540.
| 21 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 149.7 | 81.541 % | £100,000 | £81,540 | £181,540 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 55.544 % | £55,544 | £155,544 |
| 3 Month Average | 55.010 % | £55,010 | £155,010 |
| 6 Month Average | 52.619 % | £52,618 | £152,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £55,482 | £55,000 | FLAT 3 21 - 23 DUDLEY ROAD |
| 14 Nov 2023 | £220,600 | £215,000 | 51 VICTORY ROAD |
| 20 Oct 2023 | £122,789 | £120,000 | FLAT 2 VICTORY HOUSE, 6 VICTORY ROAD |
| 19 Oct 2023 | £112,556 | £110,000 | 96 ST OSYTH ROAD |
| 29 Sep 2023 | £127,818 | £125,000 | FLAT 1 VICTORY HOUSE, 6 VICTORY ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 31 Jul 2018. Using an estimated price of £181,541 means this house is valued at £2,187 per sq meter (£203 per sq foot).
The average size of a house on VICTORY ROAD is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Victory Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victory Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Victory Road |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Victory Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victory Road |