£106,019
This estimated value is based upon the latest sale price for the house of £100,000 on 21 Jan 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£100,000 | 21 Jan 2022 |
£70,000 | 6 Feb 2004 |
£40,000 | 2 Jan 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 January 2022 the House Price Index for ESSEX was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £100,000 results in an estimated price of approximately £106,019.
21 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £100,000 | £6,019 | £106,019 |
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 | 11.403 % | £11,403 | £111,403 |
3 Month Average | 10.903 % | £10,902 | £110,902 |
6 Month Average | 10.103 % | £10,103 | £110,103 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2024 | £230,000 | £230,000 | 9 OLD PIER STREET |
17 Nov 2023 | £230,860 | £225,000 | 7 PATERNOSTER ROW |
30 Jun 2023 | £204,090 | £200,000 | 1 NEWGATE STREET |
3 Mar 2023 | £162,717 | £160,000 | 67 STATION STREET |
8 Jul 2022 | £378,796 | £375,000 | 26 THE PARADE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 9 Aug 2019. Using an estimated price of £106,020 means this house is valued at £1,767 per sq meter (£164 per sq foot).
The average size of a house on THE PARADE is 86 sq meters (935 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Under investigation | On or near Suffolk Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near New Pier Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Pier Street |
Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near High Street |
Sep 2024 | Anti-social behaviour | On or near High Street |