£209,451
This estimated value is based upon the latest sale price for the house of £117,000 on 3 Feb 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £117,000 | 3 Feb 2006 |
| £94,000 | 17 Jan 2003 |
| £41,000 | 4 Dec 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 February 2006 the House Price Index for ESSEX was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £117,000 results in an estimated price of approximately £209,451.
| 3 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £117,000 | £92,451 | £209,451 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 63.124 % | £73,855 | £190,855 |
| 3 Month Average | 77.524 % | £90,703 | £207,703 |
| 6 Month Average | 63.349 % | £74,118 | £191,118 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Apr 2023 | £126,364 | £124,000 | 82 VICTORIA CHASE |
| 6 Apr 2023 | £178,336 | £175,000 | 113 VICTORIA CHASE |
| 28 Mar 2023 | £183,057 | £180,000 | 73 VICTORIA CHASE |
| 22 Jul 2022 | £151,468 | £149,950 | 91 VICTORIA CHASE |
| 18 Jul 2022 | £183,842 | £182,000 | 119 VICTORIA CHASE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 23 Oct 2015. Using an estimated price of £209,451 means this house is valued at £4,654 per sq meter (£432 per sq foot).
The average size of a house on VICTORIA CHASE is 47 sq meters (512 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Victoria Chase |
| Oct 2024 | Bicycle theft | Under investigation | On or near Victoria Chase |
| Oct 2024 | Anti-social behaviour | On or near Victoria Chase | |
| Oct 2024 | Possession of weapons | Under investigation | On or near Victoria Chase |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Chase |