£295,702
This estimated value is based upon the latest sale price for the house of £185,000 on 12 Jun 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Parking Area
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| Price Paid | Date |
|---|---|
| £185,000 | 12 Jun 2007 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 June 2007 the House Price Index for ESSEX was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £185,000 results in an estimated price of approximately £295,702.
| 12 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £185,000 | £110,702 | £295,702 |
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 | 35.212 % | £65,142 | £250,142 |
| 3 Month Average | 40.577 % | £75,067 | £260,067 |
| 6 Month Average | 40.151 % | £74,279 | £259,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £441,788 | £435,000 | 84 BEDFORD ROAD |
| 15 Dec 2023 | £361,096 | £350,000 | 12 PRINCES ROAD |
| 30 Jun 2023 | £295,930 | £290,000 | 67 BEDFORD ROAD |
| 24 Aug 2022 | £115,540 | £115,000 | FLAT 3 MILTON COURT, 70 FRINTON ROAD |
| 24 Jun 2022 | £127,730 | £125,000 | FLAT 10 MILTON COURT, 70 FRINTON ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 6 May 2015. Using an estimated price of £295,702 means this house is valued at £2,870 per sq meter (£266 per sq foot).
The average size of a house on PRESTON ROAD is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Sep 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Preston Road |