£163,510
This estimated value is based upon the latest sale price for the house of £140,000 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£140,000 | 20 Nov 2020 |
£38,324 | 27 Apr 1998 |
£31,500 | 31 Mar 1995 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £140,000 results in an estimated price of approximately £163,510.
20 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £140,000 | £23,510 | £163,510 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | -0.613 % | £-857 | £139,142 |
3 Month Average | 9.120 % | £12,768 | £152,768 |
6 Month Average | 14.057 % | £19,679 | £159,679 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2022 | £221,034 | £220,000 | 73 WARWICK ROAD |
23 May 2022 | £212,537 | £207,000 | 33 KEY ROAD |
23 May 2022 | £136,044 | £132,500 | 3 MEAD COURT HERBERT ROAD |
22 Apr 2022 | £168,062 | £162,000 | 51 KEY ROAD |
24 Sep 2021 | £176,405 | £162,500 | 92 WARWICK ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 22 Jun 2020. Using an estimated price of £163,511 means this house is valued at £2,595 per sq meter (£241 per sq foot).
The average size of a house on WARWICK ROAD is 64 sq meters (691 sq feet).