£179,068
This estimated value is based upon the latest sale price for the house of £147,000 on 20 Jul 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £147,000 | 20 Jul 2020 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £147,000 results in an estimated price of approximately £179,068.
| 20 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £147,000 | £32,068 | £179,068 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -10.768 % | £-15,828 | £131,171 |
| 3 Month Average | 23.741 % | £34,900 | £181,900 |
| 6 Month Average | 13.408 % | £19,710 | £166,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £184,688 | £180,000 | 99B WINNOCK ROAD |
| 29 Jun 2023 | £214,294 | £210,000 | 30 WINNOCK ROAD |
| 31 Mar 2023 | £258,314 | £254,000 | 6 INFANTRY TERRACE |
| 13 Jan 2023 | £250,670 | £250,000 | 50 WINNOCK ROAD |
| 28 Jan 2022 | £222,642 | £210,000 | 14 JAMES STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 20 Feb 2020. Using an estimated price of £179,069 means this house is valued at £3,197 per sq meter (£297 per sq foot).
The average size of a house on WINNOCK ROAD is 68 sq meters (741 sq feet).