£222,933
This estimated value is based upon the latest sale price for the house of £200,000 on 4 Oct 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 4 Oct 2021 |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2021 the House Price Index for ESSEX was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £200,000 results in an estimated price of approximately £222,933.
| 4 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £200,000 | £22,933 | £222,933 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | -12.212 % | £-24,424 | £175,575 |
| 3 Month Average | -1.711 % | £-3,422 | £196,577 |
| 6 Month Average | -1.472 % | £-2,944 | £197,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2023 | £224,193 | £220,000 | 25 ALEXANDRA ROAD |
| 13 Jan 2023 | £257,689 | £257,000 | 61 BUTT ROAD |
| 10 Nov 2022 | £154,279 | £155,000 | 93 BUTT ROAD |
| 7 Sep 2022 | £264,823 | £265,000 | 83 BUTT ROAD |
| 28 Jan 2022 | £203,558 | £192,000 | 63 BUTT ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 27 Aug 2021. Using an estimated price of £222,934 means this house is valued at £3,778 per sq meter (£351 per sq foot).
The average size of a house on BUTT ROAD is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Parking Area |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |