£195,082
This estimated value is based upon the latest sale price for the house of £190,000 on 27 May 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £190,000 | 27 May 2022 |
| £115,000 | 18 Sep 2009 |
| £45,000 | 4 Apr 1997 |
| Terraced |
| Freehold |
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 May 2022 the House Price Index for ESSEX was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £190,000 results in an estimated price of approximately £195,082.
| 27 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £190,000 | £5,082 | £195,082 |
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 | 35.484 % | £67,419 | £257,419 |
| 3 Month Average | -2.805 % | £-5,329 | £184,670 |
| 6 Month Average | -1.357 % | £-2,578 | £187,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £234,703 | £230,000 | 15 NORTH HILL |
| 11 Apr 2023 | £123,816 | £121,500 | FLAT 16 WICKHAM HOUSE, 1 NORTHGATE STREET |
| 16 Mar 2023 | £142,378 | £140,000 | FLAT 12 WICKHAM HOUSE, 1 NORTHGATE STREET |
| 8 Aug 2022 | £130,611 | £130,000 | FLAT 5 WICKHAM HOUSE, 1 NORTHGATE STREET |
| 4 Jul 2022 | £132,831 | £131,500 | FLAT 10 WICKHAM HOUSE, 1 NORTHGATE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Green'S Yard |
| Aug 2024 | Anti-social behaviour | On or near Green'S Yard | |
| Aug 2024 | Anti-social behaviour | On or near Green'S Yard | |
| Aug 2024 | Other theft | Under investigation | On or near Short Cut Road |
| Aug 2024 | Vehicle crime | Under investigation | On or near Short Cut Road |