£308,948
This estimated value is based upon the latest sale price for the house of £166,000 on 23 Apr 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £166,000 | 23 Apr 2009 |
| £120,000 | 7 Nov 2008 |
| Detached |
| Freehold |
| 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 April 2009 the House Price Index for ESSEX was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.114%.Applying this 86.114% change to the original purchase price of £166,000 results in an estimated price of approximately £308,948.
| 23 Apr 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.114 % | £166,000 | £142,948 | £308,948 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 30.193 % | £50,121 | £216,121 |
| 3 Month Average | 50.958 % | £84,589 | £250,589 |
| 6 Month Average | 53.668 % | £89,088 | £255,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £293,556 | £290,000 | PATTRICKS HOUSE PATTRICKS LANE |
| 29 Jun 2023 | £151,839 | £150,000 | FLAT 26 OLD CUSTOM HOUSE MAIN ROAD |
| 10 Feb 2023 | £144,902 | £145,000 | FLAT 12 OLD CUSTOM HOUSE MAIN ROAD |
| 8 Jul 2022 | £162,939 | £162,500 | FLAT 9 OLD CUSTOM HOUSE MAIN ROAD |
| 29 Apr 2022 | £258,480 | £251,000 | 16 PORTLAND AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 23 Oct 2014. Using an estimated price of £308,949 means this house is valued at £3,120 per sq meter (£289 per sq foot).
The average size of a house on MAIN ROAD is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Portland Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Portland Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Portland Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pattrick'S Lane |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Heron Way |