£347,690
This estimated value is based upon the latest sale price for the house of £275,000 on 5 Jan 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£275,000 | 5 Jan 2018 |
£215,000 | 31 Jul 2015 |
£135,995 | 19 Jul 2002 |
Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 January 2018 the House Price Index for ESSEX was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £275,000 results in an estimated price of approximately £347,690.
5 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £275,000 | £72,690 | £347,690 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 18.399 % | £50,597 | £325,597 |
3 Month Average | 11.380 % | £31,295 | £306,295 |
6 Month Average | 11.481 % | £31,573 | £306,573 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Feb 2023 | £422,824 | £420,000 | 23 MASCOT SQUARE |
9 Nov 2022 | £315,525 | £317,000 | 8 MASCOT SQUARE |
17 Jun 2022 | £153,276 | £150,000 | 33 CAPSTAN PLACE |
17 Jun 2022 | £153,276 | £150,000 | 39 CAPSTAN PLACE |
6 Jun 2022 | £306,553 | £300,000 | 3 MASCOT SQUARE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 24 Mar 2014. Using an estimated price of £347,691 means this house is valued at £4,635 per sq meter (£430 per sq foot).
The average size of a house on MASCOT SQUARE is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Awaiting court outcome | On or near Capstan Place |
Jul 2024 | Public order | Under investigation | On or near Capstan Place |
Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Capstan Place |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Capstan Place |
May 2024 | Anti-social behaviour | On or near Capstan Place |