£318,789
This estimated value is based upon the latest sale price for the house of £192,500 on 6 Sep 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Queen Mary Avenue
More crime details
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Price Paid | Date |
---|---|
£192,500 | 6 Sep 2013 |
£120,000 | 25 Mar 2013 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 2013 the House Price Index for ESSEX was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £192,500 results in an estimated price of approximately £318,789.
6 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 149.7 | 65.605 % | £192,500 | £126,289 | £318,789 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 56.053 % | £107,902 | £300,402 |
3 Month Average | 59.407 % | £114,359 | £306,859 |
6 Month Average | 65.795 % | £126,655 | £319,155 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Apr 2024 | £340,457 | £337,500 | 5 BRITANNIA MEWS |
25 Oct 2023 | £133,021 | £130,000 | FLAT 11 CHRISTOPHER JOLLY COURT KING GEORGE ROAD |
29 Sep 2023 | £375,273 | £367,000 | 2 BRITANNIA MEWS |
30 Aug 2023 | £315,694 | £310,000 | 8 MIDLAND CLOSE |
1 Mar 2023 | £284,755 | £280,000 | 65 QUEEN MARY AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 15 Jul 2013. Using an estimated price of £318,790 means this house is valued at £3,840 per sq meter (£356 per sq foot).
The average size of a house on KING GEORGE ROAD is 91 sq meters (984 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Violence and sexual offences | Under investigation | On or near Queen Mary Avenue |
Nov 2024 | Burglary | Investigation complete; no suspect identified | On or near Queen Mary Avenue |
Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Queen Mary Avenue |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen Mary Avenue |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queen Mary Avenue |