£358,285
This estimated value is based upon the latest sale price for the house of £285,000 on 7 Dec 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£285,000 | 7 Dec 2017 |
£111,500 | 3 Aug 2001 |
Terraced |
Freehold |
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 2017 the House Price Index for ESSEX was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £285,000 results in an estimated price of approximately £358,285.
7 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £285,000 | £73,285 | £358,285 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 48.081 % | £137,029 | £422,029 |
3 Month Average | 70.966 % | £202,253 | £487,253 |
6 Month Average | 45.781 % | £130,475 | £415,475 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £169,829 | £168,000 | FLAT 18 OCEAN VIEW PRINCES ESPLANADE |
31 Mar 2023 | £252,378 | £250,000 | 2 EAGLE AVENUE |
17 Jan 2023 | £447,890 | £450,000 | TRINITY KINO ROAD |
12 Jul 2022 | £175,472 | £175,000 | FLAT 14 KINGS REACH STANDLEY ROAD |
20 Dec 2021 | £171,420 | £160,000 | FLAT 16 KINGS REACH STANDLEY ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Prince'S Esplanade |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Prince'S Esplanade |
Dec 2023 | Other theft | Awaiting court outcome | On or near Prince'S Esplanade |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |