£423,277
This estimated value is based upon the latest sale price for the house of £342,500 on 9 Dec 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £342,500 | 9 Dec 2019 |
| £210,000 | 20 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £342,500 results in an estimated price of approximately £423,277.
| 9 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £342,500 | £80,777 | £423,277 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | -3.647 % | £-12,492 | £330,007 |
| 3 Month Average | 1.336 % | £4,574 | £347,074 |
| 6 Month Average | 16.894 % | £57,862 | £400,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £319,915 | £315,000 | 14 FLORENCE ROAD |
| 11 Mar 2024 | £322,962 | £318,000 | 6 PERCIVAL ROAD |
| 1 Mar 2024 | £431,632 | £425,000 | 77 HALL LANE |
| 10 Nov 2023 | £318,074 | £310,000 | 41 FLORENCE ROAD |
| 18 Jan 2023 | £511,366 | £510,000 | 2 VIKING OAK COTTAGE GREEN LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 24 Oct 2019. Using an estimated price of £423,277 means this house is valued at £5,290 per sq meter (£491 per sq foot).
The average size of a house on BEATRICE ROAD is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Florence Road |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Tudor Close |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Tudor Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tudor Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Tudor Close |