£338,066
This estimated value is based upon the latest sale price for the house of £320,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £320,000 | 25 Feb 2022 |
| £259,995 | 11 Nov 2016 |
| £187,500 | 30 Nov 2011 |
| £59,500 | 8 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 February 2022 the House Price Index for ESSEX was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £320,000 results in an estimated price of approximately £338,066.
| 25 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £320,000 | £18,066 | £338,066 |
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 | 2.074 % | £6,635 | £326,635 |
| 3 Month Average | -4.342 % | £-13,895 | £306,104 |
| 6 Month Average | -0.549 % | £-1,757 | £318,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £441,788 | £435,000 | 84 BEDFORD ROAD |
| 15 Dec 2023 | £361,096 | £350,000 | 12 PRINCES ROAD |
| 2 Oct 2023 | £306,972 | £300,000 | JABA, 8 PRINCES ROAD |
| 30 Jun 2023 | £295,930 | £290,000 | 67 BEDFORD ROAD |
| 30 Jun 2023 | £576,554 | £565,000 | 53 YORK ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 22 Oct 2021. Using an estimated price of £338,066 means this house is valued at £3,485 per sq meter (£323 per sq foot).
The average size of a house on PRINCES ROAD is 103 sq meters (1,112 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near B1032 |
| Jul 2024 | Shoplifting | Under investigation | On or near B1032 |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near B1032 |
| Oct 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Sep 2024 | Shoplifting | Under investigation | On or near Parking Area |