£224,235
This estimated value is based upon the latest sale price for the house of £225,000 on 25 Apr 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 25 Apr 2023 |
| £185,000 | 26 May 2017 |
| £109,000 | 20 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 April 2023 the House Price Index for ESSEX was 147.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.340%.Applying this -0.340% change to the original purchase price of £225,000 results in an estimated price of approximately £224,235.
| 25 Apr 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 146.7 | -0.340 % | £225,000 | £-764 | £224,235 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | -3.720 % | £-8,370 | £216,629 |
| 3 Month Average | -16.728 % | £-37,638 | £187,361 |
| 6 Month Average | -0.782 % | £-1,760 | £223,239 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 25 Oct 2019.
The average size of a house on QUEENS ROAD is 65 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queens Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Road |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Lilian Road |
| Feb 2024 | Anti-social behaviour | On or near New Road | |
| Feb 2024 | Anti-social behaviour | On or near New Road |