£394,606
This estimated value is based upon the latest sale price for the house of £289,995 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £289,995 | 30 Mar 2016 |
| £44,500 | 1 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in March 2016 the House Price Index for KENT was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £289,995 results in an estimated price of approximately £394,606.
| 30 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £289,995 | £104,611 | £394,606 |
The Postcode Pricing Model uses changes in average sales price within the CT5 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 | -0.157 % | £-454 | £289,540 |
| 3 Month Average | 44.625 % | £129,410 | £419,405 |
| 6 Month Average | 29.717 % | £86,178 | £376,173 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2022 | £398,998 | £395,000 | 53 ESSEX STREET |
| 30 Jun 2021 | £353,984 | £327,500 | 8 ESSEX STREET |
| 4 Dec 2020 | £387,330 | £335,000 | PENNY FARTHING COTTAGE, 40 SWANFIELD ROAD |
| 25 Nov 2020 | £490,533 | £420,000 | FLAT 1 53 CANTERBURY ROAD |
| 9 Nov 2020 | £344,541 | £295,000 | 69 ESSEX STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Nov 2015. Using an estimated price of £394,607 means this house is valued at £4,932 per sq meter (£458 per sq foot).
The average size of a house on ESSEX STREET is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Harwich Street | |
| Jul 2024 | Vehicle crime | Under investigation | On or near Harwich Street |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harwich Street |
| Jun 2024 | Public order | Under investigation | On or near Swanfield Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Swanfield Road |