£205,417
This estimated value is based upon the latest sale price for the house of £173,000 on 22 Sep 2020. 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 B1032
More crime details
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Price Paid | Date |
---|---|
£173,000 | 22 Sep 2020 |
Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £173,000 results in an estimated price of approximately £205,417.
22 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £173,000 | £32,417 | £205,417 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | -4.558 % | £-7,885 | £165,114 |
3 Month Average | -1.078 % | £-1,864 | £171,135 |
6 Month Average | 11.359 % | £19,651 | £192,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £278,118 | £274,000 | 44 STRATFORD ROAD |
19 Jul 2023 | £339,570 | £335,000 | 34 STRATFORD ROAD |
16 Mar 2022 | £318,651 | £307,500 | 40 NANSEN ROAD |
23 Feb 2022 | £272,661 | £260,000 | 96 CHELMSFORD ROAD |
18 Feb 2022 | £288,391 | £275,000 | 22 NANSEN ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 14 Mar 2019. Using an estimated price of £205,417 means this house is valued at £3,260 per sq meter (£302 per sq foot).
The average size of a house on STRATFORD ROAD is 82 sq meters (890 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near B1032 |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near B1032 |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B1032 |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1032 |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near B1032 |