£485,930
This estimated value is based upon the latest sale price for the house of £340,000 on 14 Sep 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Parkside Quarter
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| Price Paid | Date |
|---|---|
| £340,000 | 14 Sep 2015 |
| £195,000 | 29 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 September 2015 the House Price Index for ESSEX was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £340,000 results in an estimated price of approximately £485,930.
| 14 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £340,000 | £145,930 | £485,930 |
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 | 13.149 % | £44,707 | £384,707 |
| 3 Month Average | 39.005 % | £132,615 | £472,615 |
| 6 Month Average | 30.490 % | £103,664 | £443,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £173,122 | £170,000 | FLAT 40 CHARLES HOUSE ST PETERS STREET |
| 17 Aug 2023 | £372,722 | £366,000 | 28 PARKSIDE QUARTER |
| 21 Oct 2022 | £291,028 | £292,000 | 18 PARKSIDE QUARTER |
| 11 Oct 2022 | £194,351 | £195,000 | 15 NORTHGATE HOUSE ST PETERS STREET |
| 30 Jun 2022 | £270,788 | £265,000 | 3 PARKSIDE QUARTER |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 12 Mar 2019. Using an estimated price of £485,931 means this house is valued at £4,377 per sq meter (£406 per sq foot).
The average size of a house on PARKSIDE QUARTER is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkside Quarter |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Parkside Quarter |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parkside Quarter |
| Sep 2024 | Burglary | Under investigation | On or near Parkside Quarter |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkside Quarter |