£290,288
This estimated value is based upon the latest sale price for the house of £235,000 on 6 Feb 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £235,000 | 6 Feb 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 February 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £235,000 results in an estimated price of approximately £290,288.
| 6 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £235,000 | £55,288 | £290,288 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 59.241 % | £139,215 | £374,215 |
| 3 Month Average | -2.894 % | £-6,801 | £228,198 |
| 6 Month Average | 5.636 % | £13,244 | £248,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £289,283 | £285,000 | 37 HARVEY STREET |
| 31 Aug 2023 | £282,471 | £280,000 | 6 HARVEY STREET |
| 3 Aug 2023 | £428,751 | £425,000 | 68 COLCHESTER ROAD |
| 24 Feb 2023 | £284,808 | £285,000 | 55 COLCHESTER ROAD |
| 15 Feb 2023 | £399,231 | £399,500 | 38 PRETORIA ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 15 Oct 2018. Using an estimated price of £290,288 means this house is valued at £3,088 per sq meter (£286 per sq foot).
The average size of a house on COLCHESTER ROAD is 120 sq meters (1,297 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Harvey Street |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Dec 2023 | Shoplifting | Under investigation | On or near Supermarket |