£204,961
This estimated value is based upon the latest sale price for the house of £56,000 on 13 Oct 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £56,000 | 13 Oct 2000 |
| Semi-Detached |
| 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 October 2000 the House Price Index for ESSEX was 40.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 266.003%.Applying this 266.003% change to the original purchase price of £56,000 results in an estimated price of approximately £204,961.
| 13 Oct 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 148.6 | 266.003 % | £56,000 | £148,961 | £204,961 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 253.822 % | £142,140 | £198,140 |
| 3 Month Average | 259.450 % | £145,292 | £201,292 |
| 6 Month Average | 267.059 % | £149,552 | £205,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £471,988 | £465,000 | 72 MARGRATEN AVENUE |
| 28 Sep 2023 | £303,885 | £300,000 | 53 MARGRATEN AVENUE |
| 11 Sep 2023 | £259,822 | £256,500 | 31 SHELL BEACH ROAD |
| 18 Aug 2023 | £267,339 | £265,000 | 55A MARGRATEN AVENUE |
| 5 Aug 2022 | £259,302 | £260,000 | 23 SHELL BEACH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Weel Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Weel Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Weel Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Lottem Road |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Lottem Road |