£417,801
This estimated value is based upon the latest sale price for the house of £265,045 on 5 Jul 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£265,045 | 5 Jul 2007 |
Terraced |
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 July 2007 the House Price Index for ESSEX was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £265,045 results in an estimated price of approximately £417,801.
5 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.6 | 57.634 % | £265,045 | £152,756 | £417,801 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 69.588 % | £184,440 | £449,485 |
3 Month Average | 55.848 % | £148,022 | £413,067 |
6 Month Average | 73.123 % | £193,808 | £458,853 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £156,368 | £155,000 | 24 CHAPMAN PLACE |
14 Oct 2022 | £175,115 | £177,000 | 5 ROPER CLOSE |
27 Aug 2021 | £345,841 | £310,000 | 419 MILL ROAD |
30 Mar 2021 | £158,618 | £142,500 | 65 MORTIMER GARDENS |
22 Jun 2020 | £351,194 | £290,000 | 30 MORTIMER GARDENS |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 29 Jun 2017. Using an estimated price of £417,801 means this house is valued at £3,165 per sq meter (£294 per sq foot).
The average size of a house on CHAPMAN PLACE is 62 sq meters (674 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Under investigation | On or near Chapman Place |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chapman Place |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapman Place |
Feb 2024 | Anti-social behaviour | On or near Parker Road | |
Feb 2024 | Anti-social behaviour | On or near Parker Road |