£358,253
This estimated value is based upon the latest sale price for the house of £299,500 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £299,500 | 11 Sep 2020 |
| £195,000 | 3 Jul 2015 |
| £56,500 | 22 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £299,500 results in an estimated price of approximately £358,253.
| 11 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £299,500 | £58,753 | £358,253 |
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 | -12.289 % | £-36,807 | £262,692 |
| 3 Month Average | 0.766 % | £2,294 | £301,794 |
| 6 Month Average | 11.941 % | £35,764 | £335,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £136,183 | £135,000 | 5 QUEENS ROAD |
| 1 Mar 2024 | £223,433 | £220,000 | 73 CROWN ROAD |
| 7 Dec 2023 | £290,940 | £282,000 | 47 QUEENS ROAD |
| 27 Oct 2023 | £278,321 | £272,000 | 59 CROWN ROAD |
| 12 Sep 2023 | £263,816 | £258,000 | 14 CROWN ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 16 Jun 2014. Using an estimated price of £358,253 means this house is valued at £5,045 per sq meter (£468 per sq foot).
The average size of a house on QUEENS ROAD is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Crown Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crown Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crown Road |
| Aug 2024 | Anti-social behaviour | On or near Crown Road | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crown Road |