£281,211
This estimated value is based upon the latest sale price for the house of £92,500 on 28 Feb 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £92,500 | 28 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2002 the House Price Index for ESSEX was 48.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 204.012%.Applying this 204.012% change to the original purchase price of £92,500 results in an estimated price of approximately £281,211.
| 28 Feb 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 146.7 | 204.012 % | £92,500 | £188,711 | £281,211 |
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 | 273.713 % | £253,184 | £345,684 |
| 3 Month Average | 140.543 % | £130,002 | £222,502 |
| 6 Month Average | 148.264 % | £137,144 | £229,644 |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 3 Oct 2013.
The average size of a house on LONDON ROAD is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Orchard Place |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orchard Place |
| Jan 2024 | Other crime | Under investigation | On or near Orchard Place |
| Jan 2024 | Theft from the person | Awaiting court outcome | On or near Orchard Place |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orchard Place |