£289,914
This estimated value is based upon the latest sale price for the house of £170,000 on 4 May 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£170,000 | 4 May 2012 |
Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 May 2012 the House Price Index for ESSEX was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £170,000 results in an estimated price of approximately £289,914.
4 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.538 % | £170,000 | £119,914 | £289,914 |
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 | 117.426 % | £199,624 | £369,624 |
3 Month Average | 47.002 % | £79,903 | £249,903 |
6 Month Average | 52.018 % | £88,429 | £258,429 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £287,022 | £282,000 | 47 QUEENS ROAD |
28 Sep 2023 | £321,612 | £317,500 | 59 QUEENS ROAD |
6 Apr 2023 | £293,156 | £290,000 | 43 QUEENS ROAD |
18 Jul 2022 | £270,729 | £270,000 | 80 QUEENS ROAD |
28 Jun 2021 | £268,231 | £250,000 | 30 CHERRY TREE AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 20 Feb 2012. Using an estimated price of £289,914 means this house is valued at £4,026 per sq meter (£374 per sq foot).
The average size of a house on QUEENS ROAD is 77 sq meters (829 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Road |
Feb 2024 | Other crime | Further investigation is not in the public interest | On or near West Road |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Hythe Close |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Plymouth Road |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Portsmouth Road |