£288,738
This estimated value is based upon the latest sale price for the house of £238,500 on 8 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £238,500 | 8 Oct 2019 |
| £235,000 | 19 Jul 2017 |
| £180,000 | 12 Sep 2014 |
| £115,000 | 12 Apr 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £238,500 results in an estimated price of approximately £288,738.
| 8 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £238,500 | £50,238 | £288,738 |
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 | 62.448 % | £148,939 | £387,439 |
| 3 Month Average | -0.149 % | £-354 | £238,145 |
| 6 Month Average | 6.389 % | £15,237 | £253,737 |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 15 Dec 2013.
The average size of a house on WELLESLEY ROAD is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meredith Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meredith Road |
| Dec 2023 | Drugs | Local resolution | On or near Meredith Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Meredith Road |
| Dec 2023 | Drugs | Unable to prosecute suspect | On or near Meredith Road |