£224,950
This estimated value is based upon the latest sale price for the house of £145,000 on 30 Nov 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £145,000 | 30 Nov 2007 |
| £105,000 | 27 Jan 2006 |
| £97,000 | 28 May 2004 |
| £65,000 | 28 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2007 the House Price Index for ESSEX was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £145,000 results in an estimated price of approximately £224,950.
| 30 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £145,000 | £79,950 | £224,950 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 58.746 % | £85,182 | £230,182 |
| 3 Month Average | 41.054 % | £59,528 | £204,528 |
| 6 Month Average | 65.174 % | £94,502 | £239,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £213,156 | £210,000 | 98 GORING ROAD |
| 1 Sep 2023 | £305,911 | £302,000 | 28 VALENTINES DRIVE |
| 24 Aug 2023 | £247,162 | £245,000 | 66 GORING ROAD |
| 18 Jul 2023 | £243,274 | £240,000 | 35 BARNARDISTON ROAD |
| 16 Jun 2023 | £248,004 | £245,000 | 18 FAIRHEAD ROAD NORTH |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 26 Aug 2015. Using an estimated price of £224,951 means this house is valued at £3,408 per sq meter (£316 per sq foot).
The average size of a house on GORING ROAD is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goring Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Goring Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Goring Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gascoigne Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Gascoigne Road |