£70,144
This estimated value is based upon the latest sale price for the house of £50,000 on 6 Nov 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£50,000 | 6 Nov 2015 |
Flats/Maisonettes |
Leasehold |
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 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £50,000 results in an estimated price of approximately £70,144.
6 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £50,000 | £20,144 | £70,144 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 22.310 % | £11,154 | £61,154 |
3 Month Average | 33.399 % | £16,699 | £66,699 |
6 Month Average | 36.600 % | £18,300 | £68,300 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £70,267 | £69,000 | FLAT 9 CASTLE COURT, 35 CASTLE ROAD |
24 Mar 2023 | £69,155 | £68,000 | FLAT 19 CASTLE COURT, 35 CASTLE ROAD |
11 Jan 2023 | £76,204 | £76,000 | FLAT 14 CASTLE COURT, 35 CASTLE ROAD |
17 Jun 2022 | £229,915 | £225,000 | 7 WATSON ROAD |
23 May 2022 | £136,044 | £132,500 | 3 MEAD COURT HERBERT ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other crime | Formal action is not in the public interest | On or near Watson Road |
Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Watson Road |
Oct 2024 | Shoplifting | Local resolution | On or near Watson Road |
Sep 2024 | Other crime | Awaiting court outcome | On or near Watson Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watson Road |