£159,605
This estimated value is based upon the latest sale price for the house of £125,000 on 20 Sep 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Heia Wharf
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Price Paid | Date |
---|---|
£125,000 | 20 Sep 2017 |
£102,500 | 6 Mar 2015 |
£110,000 | 13 Jul 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 September 2017 the House Price Index for ESSEX was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £125,000 results in an estimated price of approximately £159,605.
20 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £125,000 | £34,605 | £159,605 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 8.883 % | £11,103 | £136,103 |
3 Month Average | 21.000 % | £26,249 | £151,249 |
6 Month Average | 21.309 % | £26,636 | £151,636 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £143,156 | £140,000 | 60 SAIL HOUSE SHIP WHARF |
12 Sep 2023 | £148,268 | £145,000 | 72 SAIL HOUSE SHIP WHARF |
6 Mar 2023 | £179,498 | £176,500 | 10 SAIL HOUSE SHIP WHARF |
28 Oct 2022 | £184,384 | £185,000 | 47 SAIL HOUSE SHIP WHARF |
19 Aug 2022 | £140,658 | £140,000 | 17 HEIA WHARF HAWKINS ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 23 Jun 2021. Using an estimated price of £159,606 means this house is valued at £2,901 per sq meter (£269 per sq foot).
The average size of a house on HAWKINS ROAD is 63 sq meters (688 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Bicycle theft | Under investigation | On or near Heia Wharf |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heia Wharf |
Oct 2024 | Drugs | Under investigation | On or near Heia Wharf |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Heia Wharf |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heia Wharf |