£261,666
This estimated value is based upon the latest sale price for the house of £170,000 on 8 Jul 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £170,000 | 8 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 845 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 July 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £170,000 results in an estimated price of approximately £261,666.
| 8 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £170,000 | £91,666 | £261,666 |
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 | 50.122 % | £85,207 | £255,207 |
| 3 Month Average | 53.068 % | £90,215 | £260,215 |
| 6 Month Average | 47.663 % | £81,027 | £251,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £269,000 | £269,000 | 4 AVONDALE ROAD |
| 24 Nov 2023 | £148,777 | £145,000 | 23 WALTON ROAD |
| 30 Jun 2023 | £362,260 | £355,000 | 8 COLLEGE ROAD |
| 30 Jun 2023 | £510,225 | £500,000 | 63 SKELMERSDALE ROAD |
| 8 Mar 2023 | £233,906 | £230,000 | 15 AVONDALE ROAD |
This house has a floor area of 78 sq meters or 845 sq feet when measured on 29 Sep 2009. Using an estimated price of £261,667 means this house is valued at £3,332 per sq meter (£309 per sq foot).
The average size of a house on WALTON ROAD is 110 sq meters (1,186 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Avondale Road |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Avondale Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walton Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Recreation Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Recreation Road |