£205,349
This estimated value is based upon the latest sale price for the house of £200,000 on 20 May 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £200,000 | 20 May 2022 |
| £150,000 | 22 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 May 2022 the House Price Index for ESSEX was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £200,000 results in an estimated price of approximately £205,349.
| 20 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £200,000 | £5,349 | £205,349 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 1.540 % | £3,080 | £203,080 |
| 3 Month Average | 5.981 % | £11,961 | £211,961 |
| 6 Month Average | 9.002 % | £18,004 | £218,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £245,427 | £241,000 | 4 ROSE YARD |
| 10 Feb 2023 | £890,952 | £885,000 | 49 HEAD STREET |
| 16 Sep 2022 | £159,893 | £160,000 | 1 BARTHOLOMEW HOUSE COLCHESTER ROAD |
| 31 Aug 2022 | £173,813 | £173,000 | 3 BARTHOLOMEW HOUSE COLCHESTER ROAD |
| 29 Jul 2022 | £227,277 | £225,000 | 2 BARTHOLOMEW HOUSE COLCHESTER ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 26 Jun 2015. Using an estimated price of £205,350 means this house is valued at £4,026 per sq meter (£374 per sq foot).
The average size of a house on HEAD STREET is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Head Street | |
| Sep 2024 | Anti-social behaviour | On or near Head Street | |
| Sep 2024 | Anti-social behaviour | On or near Head Street | |
| Sep 2024 | Anti-social behaviour | On or near Head Street | |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |