£473,397
This estimated value is based upon the latest sale price for the house of £445,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £445,000 | 30 Sep 2021 |
| £240,000 | 28 Apr 2006 |
| £75,000 | 25 Mar 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £445,000 results in an estimated price of approximately £473,397.
| 30 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £445,000 | £28,397 | £473,397 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 29.679 % | £132,071 | £577,071 |
| 3 Month Average | -5.368 % | £-23,887 | £421,112 |
| 6 Month Average | -2.655 % | £-11,813 | £433,186 |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 23 Jun 2020.
The average size of a house on COLCHESTER ROAD is 120 sq meters (1,297 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Harvey Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Colne Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Colne Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pretoria Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pretoria Road |