£227,264
This estimated value is based upon the latest sale price for the house of £163,000 on 16 Dec 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£163,000 | 16 Dec 2015 |
Terraced |
Freehold |
Floor Area: 111 sq meters or 1,194 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 December 2015 the House Price Index for ESSEX was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £163,000 results in an estimated price of approximately £227,264.
16 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £163,000 | £64,264 | £227,264 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 13.635 % | £22,225 | £185,225 |
3 Month Average | 34.478 % | £56,199 | £219,199 |
6 Month Average | 50.206 % | £81,835 | £244,835 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £302,683 | £295,000 | POLICE STATION MARTELLO ROAD |
23 Jun 2023 | £35,716 | £35,000 | 1 PRIORY COURT STATION STREET |
22 Apr 2023 | £210,436 | £206,500 | 19 HIGH STREET |
3 Mar 2023 | £162,717 | £160,000 | 67 STATION STREET |
21 Feb 2023 | £171,143 | £170,000 | 16 HIGH STREET |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 19 Oct 2015. Using an estimated price of £227,264 means this house is valued at £2,047 per sq meter (£190 per sq foot).
The average size of a house on STATION STREET is 115 sq meters (1,241 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Portobello Road |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portobello Road |
Sep 2024 | Other crime | Investigation complete; no suspect identified | On or near Portobello Road |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Portobello Road |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Portobello Road |