£185,869
This estimated value is based upon the latest sale price for the house of £185,000 on 24 Aug 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Wash Lane
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| Price Paid | Date |
|---|---|
| £185,000 | 24 Aug 2022 |
| £110,000 | 22 Oct 2018 |
| £45,000 | 15 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 August 2022 the House Price Index for ESSEX was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £185,000 results in an estimated price of approximately £185,869.
| 24 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £185,000 | £869 | £185,869 |
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 | -18.225 % | £-33,716 | £151,283 |
| 3 Month Average | -14.084 % | £-26,055 | £158,944 |
| 6 Month Average | -11.565 % | £-21,394 | £163,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £410,000 | £410,000 | 47 WASH LANE |
| 30 Nov 2023 | £220,600 | £215,000 | 4A KINGS ROAD |
| 3 Nov 2023 | £174,428 | £170,000 | 11 UPLANDS COURT |
| 1 Sep 2023 | £184,057 | £180,000 | 22A COAN AVENUE |
| 22 Aug 2023 | £195,527 | £192,000 | 2 KINGS ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 8 Nov 2017. Using an estimated price of £185,869 means this house is valued at £2,693 per sq meter (£250 per sq foot).
The average size of a house on KINGS ROAD is 130 sq meters (1,408 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wash Lane |
| Oct 2024 | Burglary | Under investigation | On or near Wash Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wash Lane |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near King'S Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near King'S Road |