£266,923
This estimated value is based upon the latest sale price for the house of £166,995 on 1 Jun 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £166,995 | 1 Jun 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 June 2007 the House Price Index for ESSEX was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £166,995 results in an estimated price of approximately £266,923.
| 1 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £166,995 | £99,928 | £266,923 |
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 | 40.548 % | £67,713 | £234,708 |
| 3 Month Average | 52.659 % | £87,937 | £254,932 |
| 6 Month Average | 57.146 % | £95,430 | £262,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Feb 2022 | £142,622 | £135,000 | 44 MARINE HOUSE QUAYSIDE DRIVE |
| 30 Sep 2021 | £154,205 | £142,050 | 69 MARINE HOUSE QUAYSIDE DRIVE |
| 20 Aug 2021 | £140,484 | £125,000 | 19 MARINE HOUSE QUAYSIDE DRIVE |
| 12 Aug 2021 | £151,723 | £135,000 | 32 MARINE HOUSE QUAYSIDE DRIVE |
| 11 Aug 2021 | £151,723 | £135,000 | 55 MARINE HOUSE QUAYSIDE DRIVE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 12 Nov 2019. Using an estimated price of £266,923 means this house is valued at £5,679 per sq meter (£527 per sq foot).
The average size of a house on QUAYSIDE DRIVE is 54 sq meters (591 sq feet).