£231,345
This estimated value is based upon the latest sale price for the house of £223,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£223,000 | 8 Apr 2022 |
£160,000 | 16 Jun 2006 |
£47,000 | 6 Jul 2001 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 April 2022 the House Price Index for ESSEX was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £223,000 results in an estimated price of approximately £231,345.
8 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £223,000 | £8,345 | £231,345 |
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 | 7.151 % | £15,945 | £238,945 |
3 Month Average | -7.816 % | £-17,430 | £205,569 |
6 Month Average | 5.003 % | £11,155 | £234,155 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2023 | £234,703 | £230,000 | 15 NORTH HILL |
11 Apr 2023 | £123,816 | £121,500 | FLAT 16 WICKHAM HOUSE, 1 NORTHGATE STREET |
10 Feb 2023 | £114,515 | £113,750 | 13 NORTH HILL |
3 Nov 2022 | £1,393,484 | £1,400,000 | ALBERT HALL HIGH STREET |
3 Aug 2022 | £165,775 | £165,000 | FLAT 18 ORIEL HOUSE, 43 - 44 NORTH HILL |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 19 Aug 2019. Using an estimated price of £231,345 means this house is valued at £2,821 per sq meter (£262 per sq foot).
The average size of a house on NORTH HILL is 92 sq meters (1,000 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Bicycle theft | Unable to prosecute suspect | On or near North Hill |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Hill |
Jul 2024 | Anti-social behaviour | On or near North Hill | |
Jul 2024 | Anti-social behaviour | On or near North Hill | |
Jul 2024 | Anti-social behaviour | On or near North Hill |