£269,791
This estimated value is based upon the latest sale price for the house of £220,000 on 9 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£220,000 | 9 Oct 2019 |
£68,000 | 14 Oct 1998 |
Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £220,000 results in an estimated price of approximately £269,791.
9 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £220,000 | £49,791 | £269,791 |
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 | 23.073 % | £50,760 | £270,760 |
3 Month Average | 7.559 % | £16,629 | £236,629 |
6 Month Average | 8.654 % | £19,038 | £239,038 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £243,607 | £240,000 | 32 RAVENSDALE |
22 Sep 2023 | £263,367 | £260,000 | 24 RAVENSDALE |
21 Mar 2023 | £257,425 | £255,000 | 60 NORTH ROAD |
3 Feb 2023 | £294,802 | £295,000 | 7 FALCON WAY |
2 Feb 2023 | £209,859 | £210,000 | 8 NORTH ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 23 Jan 2019. Using an estimated price of £269,791 means this house is valued at £3,747 per sq meter (£348 per sq foot).
The average size of a house on NORTH ROAD is 89 sq meters (962 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Elm Grove |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elm Grove |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Elm Grove |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Elm Grove |
Mar 2024 | Theft from the person | Under investigation | On or near Elm Grove |