£120,742
This estimated value is based upon the latest sale price for the house of £118,000 on 11 Oct 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £118,000 | 11 Oct 2023 |
| £94,000 | 20 Oct 2006 |
| £81,000 | 1 Aug 2003 |
| £81,000 | 1 Aug 2003 |
| £81,000 | 1 Aug 2003 |
| £81,000 | 1 Aug 2003 |
| £81,000 | 1 Aug 2003 |
| £39,995 | 26 Feb 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 October 2023 the House Price Index for ESSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £118,000 results in an estimated price of approximately £120,742.
| 11 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £118,000 | £2,742 | £120,742 |
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 | -8.081 % | £-9,535 | £108,464 |
| 3 Month Average | 1.156 % | £1,364 | £119,364 |
| 6 Month Average | -0.921 % | £-1,087 | £116,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £287,497 | £285,000 | 8 HASTINGS AVENUE |
| 3 Nov 2023 | £146,211 | £142,500 | FLAT 2 AQUILINE HOUSE WEYMOUTH CLOSE |
| 11 Oct 2023 | £120,742 | £118,000 | FLAT 17 AQUILINE HOUSE WEYMOUTH CLOSE |
| 9 Oct 2023 | £253,252 | £247,500 | 21 WEYMOUTH CLOSE |
| 15 Sep 2023 | £139,066 | £136,000 | FLAT 1 AQUILINE HOUSE WEYMOUTH CLOSE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 12 Feb 2019. Using an estimated price of £120,742 means this house is valued at £2,683 per sq meter (£249 per sq foot).
The average size of a house on WEYMOUTH CLOSE is 56 sq meters (608 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Weymouth Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weymouth Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weymouth Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Deal Close |
| Sep 2024 | Anti-social behaviour | On or near Selsey Avenue |