£532,607
This estimated value is based upon the latest sale price for the house of £350,000 on 30 Jul 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£350,000 | 30 Jul 2014 |
£110,000 | 29 Mar 1996 |
Detached |
Freehold |
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 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 52.174%.Applying this 52.174% change to the original purchase price of £350,000 results in an estimated price of approximately £532,607.
30 Jul 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.0 | 52.174 % | £350,000 | £182,607 | £532,607 |
The Postcode Pricing Model uses changes in average sales price within the CO5 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 | 44.342 % | £155,197 | £505,197 |
3 Month Average | 57.590 % | £201,565 | £551,565 |
6 Month Average | 56.938 % | £199,282 | £549,282 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 May 2022 | £294,376 | £290,000 | FLAT 8 ORCHID FIELD COURT VICTORIA ESPLANADE |
22 Apr 2022 | £687,179 | £670,000 | 11 ALEXANDRA AVENUE |
11 Mar 2022 | £603,766 | £585,000 | 64 EMPRESS AVENUE |
25 Jun 2021 | £331,264 | £310,000 | FLAT 16 ORCHID FIELD COURT VICTORIA ESPLANADE |
7 Dec 2020 | £348,639 | £305,000 | FLAT 12 ORCHID FIELD COURT VICTORIA ESPLANADE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Osborne Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Osborne Road |
Apr 2024 | Burglary | Under investigation | On or near Empress Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Empress Avenue |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Empress Avenue |