£209,230
This estimated value is based upon the latest sale price for the house of £125,000 on 27 Mar 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £125,000 | 27 Mar 2013 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 March 2013 the House Price Index for ESSEX was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £125,000 results in an estimated price of approximately £209,230.
| 27 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £125,000 | £84,230 | £209,230 |
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 | 2025.262 % | £2,531,577 | £2,656,577 |
| 3 Month Average | 53.028 % | £66,284 | £191,284 |
| 6 Month Average | 44.362 % | £55,452 | £180,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £216,201 | £213,000 | 26 MILL STREET |
| 10 Nov 2023 | £213,156 | £210,000 | 15 MILL STREET |
| 4 Aug 2023 | £242,118 | £240,000 | 32 MILL STREET |
| 21 Apr 2023 | £269,906 | £267,000 | 27 MILL STREET |
| 17 Jan 2022 | £218,375 | £207,500 | 6 GOLDEN NOBLE HILL |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 23 Nov 2012. Using an estimated price of £209,230 means this house is valued at £2,753 per sq meter (£255 per sq foot).
The average size of a house on MILL STREET is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Mill Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colonel Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colonel Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Golden Noble Hill |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Golden Noble Hill |