£248,542
This estimated value is based upon the latest sale price for the house of £200,000 on 10 Dec 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 10 Dec 2018 |
| £131,000 | 29 Sep 2014 |
| £107,000 | 5 Feb 2004 |
| Terraced |
| Freehold |
| 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 December 2018 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £200,000 results in an estimated price of approximately £248,542.
| 10 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £200,000 | £48,542 | £248,542 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 8.909 % | £17,817 | £217,817 |
| 3 Month Average | 14.551 % | £29,101 | £229,101 |
| 6 Month Average | 8.098 % | £16,196 | £216,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £279,291 | £275,000 | 24 ST PAULS ROAD |
| 3 Nov 2023 | £387,845 | £378,000 | 126 NORTH STATION ROAD |
| 30 Jun 2023 | £397,975 | £390,000 | 25 MORTEN ROAD |
| 19 Jun 2023 | £438,793 | £430,000 | 26 MORTEN ROAD |
| 15 Jun 2023 | £255,112 | £250,000 | 5 ORCHARD ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 31 Jul 2018. Using an estimated price of £248,542 means this house is valued at £5,288 per sq meter (£491 per sq foot).
The average size of a house on COLNE BANK AVENUE is 63 sq meters (679 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A133 |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near A133 |
| Oct 2024 | Public order | Under investigation | On or near A133 |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A133 |
| Sep 2024 | Robbery | Under investigation | On or near A133 |