£184,603
This estimated value is based upon the latest sale price for the house of £148,000 on 10 May 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £148,000 | 10 May 2018 |
| £140,000 | 26 Mar 2010 |
| Terraced |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 May 2018 the House Price Index for ESSEX was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £148,000 results in an estimated price of approximately £184,603.
| 10 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £148,000 | £36,603 | £184,603 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 10.427 % | £15,432 | £163,432 |
| 3 Month Average | -1.337 % | £-1,979 | £146,020 |
| 6 Month Average | 10.467 % | £15,491 | £163,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2022 | £658,228 | £660,000 | 35 PINECROFT GARDENS |
| 3 Aug 2022 | £174,530 | £175,000 | 176 VICTORIA GARDENS |
| 16 Jun 2022 | £349,945 | £345,000 | 99 EASTWOOD DRIVE |
| 18 Mar 2022 | £279,791 | £270,000 | 45 VICTORIA GARDENS |
| 11 Mar 2022 | £155,439 | £150,000 | 28 IVOR BROWN COURT HIGHWOODS SQUARE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 3 Aug 2017. Using an estimated price of £184,603 means this house is valued at £3,619 per sq meter (£336 per sq foot).
The average size of a house on VICTORIA GARDENS is 56 sq meters (604 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Victoria Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Victoria Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Victoria Gardens | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Gardens |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Gardens |