£396,100
This estimated value is based upon the latest sale price for the house of £242,000 on 8 Nov 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£242,000 | 8 Nov 2013 |
Terraced |
Freehold |
Floor Area: 181 sq meters or 1,955 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 November 2013 the House Price Index for ESSEX was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £242,000 results in an estimated price of approximately £396,100.
8 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.5 | 149.7 | 63.678 % | £242,000 | £154,100 | £396,100 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 80.188 % | £194,055 | £436,055 |
3 Month Average | 36.764 % | £88,968 | £330,968 |
6 Month Average | 46.971 % | £113,669 | £355,669 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £245,427 | £241,000 | 4 ROSE YARD |
10 Feb 2023 | £890,952 | £885,000 | 49 HEAD STREET |
16 Sep 2022 | £159,893 | £160,000 | 1 BARTHOLOMEW HOUSE COLCHESTER ROAD |
31 Aug 2022 | £173,813 | £173,000 | 3 BARTHOLOMEW HOUSE COLCHESTER ROAD |
29 Jul 2022 | £227,277 | £225,000 | 2 BARTHOLOMEW HOUSE COLCHESTER ROAD |
This house has a floor area of 181 sq meters or 1,955 sq feet when measured on 15 Jun 2009. Using an estimated price of £396,100 means this house is valued at £2,180 per sq meter (£202 per sq foot).
The average size of a house on HEAD STREET is 105 sq meters (1,131 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Head Street | |
Sep 2024 | Anti-social behaviour | On or near Head Street | |
Sep 2024 | Anti-social behaviour | On or near Head Street | |
Sep 2024 | Anti-social behaviour | On or near Head Street | |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Mill Green |