£294,934
This estimated value is based upon the latest sale price for the house of £235,000 on 31 Jan 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £235,000 | 31 Jan 2018 |
| £210,000 | 9 Dec 2014 |
| £134,500 | 20 Nov 2003 |
| £112,000 | 5 Jul 2002 |
| £75,000 | 6 Aug 2001 |
| £45,000 | 22 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 January 2018 the House Price Index for ESSEX was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £235,000 results in an estimated price of approximately £294,934.
| 31 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £235,000 | £59,934 | £294,934 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | -15.734 % | £-36,974 | £198,025 |
| 3 Month Average | -12.087 % | £-28,405 | £206,594 |
| 6 Month Average | -0.817 % | £-1,919 | £233,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £469,423 | £465,000 | 13 QUEEN STREET |
| 21 Nov 2022 | £326,051 | £330,000 | 16 KING STREET |
| 14 Jul 2022 | £406,093 | £405,000 | 3 QUEENS AVENUE |
| 15 Feb 2022 | £304,121 | £290,000 | 16 QUEEN STREET |
| 1 Dec 2021 | £316,056 | £295,000 | 12 QUEEN STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 26 Jul 2021. Using an estimated price of £294,935 means this house is valued at £4,835 per sq meter (£449 per sq foot).
The average size of a house on KING STREET is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near King Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near King Street |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Queen Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Horton Close |