£388,626
This estimated value is based upon the latest sale price for the house of £308,750 on 28 Feb 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£308,750 | 28 Feb 2018 |
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 February 2018 the House Price Index for ESSEX was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £308,750 results in an estimated price of approximately £388,626.
28 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £308,750 | £79,876 | £388,626 |
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 | 8.436 % | £26,047 | £334,797 |
3 Month Average | 9.853 % | £30,420 | £339,170 |
6 Month Average | 10.840 % | £33,468 | £342,218 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Mar 2023 | £350,859 | £345,000 | 65 MADEIRA ROAD |
16 Mar 2023 | £254,246 | £250,000 | 64 MADEIRA ROAD |
3 Feb 2023 | £528,531 | £525,000 | 21 QUEENSWAY |
24 Jun 2022 | £271,299 | £265,500 | FLAT 4 LONGSHORE 77 KINGS PARADE |
27 May 2022 | £410,700 | £400,000 | 89 KINGS PARADE |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Madeira Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madeira Road |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Madeira Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Madeira Road |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |