£243,268
This estimated value is based upon the latest sale price for the house of £197,000 on 18 Sep 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £197,000 | 18 Sep 2018 |
| £325,000 | 18 Sep 2018 |
| £74,000 | 29 Jan 1998 |
| Detached |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 September 2018 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £197,000 results in an estimated price of approximately £243,268.
| 18 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £197,000 | £46,268 | £243,268 |
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 | 70.494 % | £138,872 | £335,872 |
| 3 Month Average | 0.738 % | £1,454 | £198,454 |
| 6 Month Average | 7.456 % | £14,687 | £211,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £192,592 | £190,000 | 41 EVANS COURT |
| 29 Jun 2023 | £171,072 | £169,000 | 27 PARSONAGE STREET |
| 21 Apr 2023 | £262,830 | £260,000 | 57 PARSONAGE STREET |
| 18 Feb 2022 | £251,687 | £240,000 | 3 GARDEN TERRACE |
| 10 Dec 2021 | £241,060 | £225,000 | 6 GARDEN TERRACE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 16 Jun 2017. Using an estimated price of £243,269 means this house is valued at £2,457 per sq meter (£228 per sq foot).
The average size of a house on GARDEN TERRACE is 93 sq meters (1,003 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Evans Court |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Public order | Under investigation | On or near Supermarket |