£278,468
This estimated value is based upon the latest sale price for the house of £129,000 on 29 Jan 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £129,000 | 29 Jan 2004 |
| £100,000 | 27 Jun 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 January 2004 the House Price Index for ESSEX was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £129,000 results in an estimated price of approximately £278,468.
| 29 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £129,000 | £149,468 | £278,468 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 112.651 % | £145,319 | £274,319 |
| 3 Month Average | 114.868 % | £148,180 | £277,180 |
| 6 Month Average | 126.157 % | £162,742 | £291,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £148,000 | £148,000 | 10 MARIA COURT HESPER ROAD |
| 14 Mar 2024 | £75,155 | £74,000 | 64 HYTHE QUAY |
| 14 Sep 2023 | £163,607 | £160,000 | 49 MEACHEN ROAD |
| 4 Sep 2023 | £156,960 | £153,500 | 67 MEACHEN ROAD |
| 22 Jun 2023 | £163,272 | £160,000 | 65 MEACHEN ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 7 Oct 2016. Using an estimated price of £278,469 means this house is valued at £4,565 per sq meter (£424 per sq foot).
The average size of a house on MEACHEN ROAD is 72 sq meters (780 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Meachen Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meachen Road |
| Aug 2024 | Anti-social behaviour | On or near Meachen Road | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meachen Road |
| Aug 2024 | Criminal damage and arson | Formal action is not in the public interest | On or near Meachen Road |