£614,930
This estimated value is based upon the latest sale price for the house of £495,000 on 29 May 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£495,000 | 29 May 2018 |
£305,000 | 9 Sep 2010 |
£315,000 | 9 May 2006 |
£105,500 | 24 Nov 1995 |
Detached |
Freehold |
Floor Area: 123 sq meters or 1,323 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 May 2018 the House Price Index for ESSEX was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £495,000 results in an estimated price of approximately £614,930.
29 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.0 | 24.228 % | £495,000 | £119,930 | £614,930 |
The Postcode Pricing Model uses changes in average sales price within the CO8 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 | -9.888 % | £-48,947 | £446,052 |
3 Month Average | -0.332 % | £-1,642 | £493,357 |
6 Month Average | -18.401 % | £-91,086 | £403,913 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2023 | £370,252 | £368,000 | 4 THE PADDOCKS |
21 Jul 2023 | £240,273 | £238,000 | 40 WATER LANE |
30 Jun 2023 | £273,215 | £271,000 | 24 WATER LANE |
17 Apr 2023 | £372,771 | £370,000 | 18 MALTINGS CLOSE |
30 Mar 2023 | £633,424 | £630,000 | 20A THE PADDOCKS |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 26 Jan 2018. Using an estimated price of £614,930 means this house is valued at £4,999 per sq meter (£464 per sq foot).
The average size of a house on LAMARSH HILL is 211 sq meters (2,277 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bures |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bures |
Mar 2024 | Anti-social behaviour | On or near Station Hill | |
Mar 2024 | Anti-social behaviour | On or near Station Hill | |
Mar 2024 | Anti-social behaviour | On or near The Paddocks |