£204,901
This estimated value is based upon the latest sale price for the house of £96,000 on 6 Feb 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £96,000 | 6 Feb 2004 |
| £96,000 | 6 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 February 2004 the House Price Index for ESSEX was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £96,000 results in an estimated price of approximately £204,901.
| 6 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 149.7 | 113.439 % | £96,000 | £108,901 | £204,901 |
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 | 68.946 % | £66,188 | £162,188 |
| 3 Month Average | 84.111 % | £80,746 | £176,746 |
| 6 Month Average | 77.281 % | £74,189 | £170,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £156,600 | £156,600 | 66 VICTOR ROAD |
| 15 Mar 2024 | £182,809 | £180,000 | 61 NEW PARK STREET |
| 13 Dec 2023 | £185,706 | £180,000 | 43 NEW PARK STREET |
| 14 Aug 2023 | £229,133 | £225,000 | 60 VICTOR ROAD |
| 1 Jun 2023 | £186,742 | £183,000 | 18 PORT LANE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 12 Mar 2019. Using an estimated price of £204,902 means this house is valued at £4,098 per sq meter (£380 per sq foot).
The average size of a house on NEW PARK STREET is 62 sq meters (676 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near New Park Street |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near New Park Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Park Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Park Street |
| Aug 2024 | Public order | Under investigation | On or near New Park Street |