£172,814
This estimated value is based upon the latest sale price for the house of £125,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £125,000 | 15 Jan 2016 |
| £139,000 | 1 Dec 2006 |
| £121,500 | 15 Sep 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 January 2016 the House Price Index for ESSEX was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £125,000 results in an estimated price of approximately £172,814.
| 15 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £125,000 | £47,814 | £172,814 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 25.398 % | £31,747 | £156,747 |
| 3 Month Average | 30.595 % | £38,244 | £163,244 |
| 6 Month Average | 25.669 % | £32,086 | £157,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £296,614 | £287,500 | 12 BURLINGTON ROAD |
| 26 Apr 2023 | £224,193 | £220,000 | 25 ALEXANDRA ROAD |
| 10 Nov 2021 | £386,779 | £355,000 | 28 ALEXANDRA ROAD |
| 30 Sep 2021 | £249,681 | £230,000 | 42 MALDON ROAD |
| 25 Jun 2021 | £149,160 | £138,000 | 1A ALEXANDRA ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 19 Sep 2013. Using an estimated price of £172,814 means this house is valued at £3,200 per sq meter (£297 per sq foot).
The average size of a house on ALEXANDRA ROAD is 78 sq meters (845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Alexandra Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexandra Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Alexandra Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexandra Terrace |