£82,317
This estimated value is based upon the latest sale price for the house of £20,000 on 8 Nov 1999. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £20,000 | 8 Nov 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 97 sq meters or 1,044 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 1999 the House Price Index for ESSEX was 36.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 311.588%.Applying this 311.588% change to the original purchase price of £20,000 results in an estimated price of approximately £82,317.
| 8 Nov 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 149.7 | 311.588 % | £20,000 | £62,317 | £82,317 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 334.453 % | £66,890 | £86,890 |
| 3 Month Average | 291.269 % | £58,253 | £78,253 |
| 6 Month Average | 329.713 % | £65,942 | £85,942 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £120,807 | £120,000 | 10 CROWN LANE |
| 7 Jul 2022 | £157,579 | £156,000 | 5 VICTORIA STREET |
| 16 May 2022 | £168,900 | £164,500 | 31 VICTORIA STREET |
| 12 May 2022 | £158,889 | £154,750 | 1 WADDESDON ROAD |
| 8 Apr 2022 | £145,239 | £140,000 | 3 GRAFTON ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 21 Feb 2014. Using an estimated price of £82,318 means this house is valued at £848 per sq meter (£78 per sq foot).
The average size of a house on VICTORIA STREET is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Victoria Street |
| Oct 2024 | Other crime | Under investigation | On or near Victoria Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Crown Lane |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crown Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crown Lane |