£998,868
This estimated value is based upon the latest sale price for the house of £163,000 on 28 Jun 2024. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£163,000 | 28 Jun 2024 |
£35,000 | 28 May 1999 |
£38,000 | 15 Apr 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 June 2024 the House Price Index for ESSEX was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £163,000 results in an estimated price of approximately £998,868.
28 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 149.7 | 512.803 % | £163,000 | £835,868 | £998,868 |
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 | 11.639 % | £18,971 | £181,971 |
3 Month Average | -3.493 % | £-5,693 | £157,306 |
6 Month Average | 2.754 % | £4,488 | £167,488 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Oct 2023 | £179,067 | £175,000 | 1A MAPLIN COURT KINGS AVENUE |
11 Aug 2023 | £162,939 | £160,000 | 1 MAPLIN COURT KINGS AVENUE |
23 Mar 2023 | £350,859 | £345,000 | 65 MADEIRA ROAD |
16 Mar 2023 | £279,671 | £275,000 | 18 KINGS AVENUE |
21 Feb 2023 | £246,648 | £245,000 | 22 QUEENS COURT KINGS PARADE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 12 Feb 2014.
The average size of a house on KINGS AVENUE is 67 sq meters (721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Madeira Road |
Jul 2024 | Vehicle crime | Under investigation | On or near Madeira Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madeira Road |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Madeira Road |
Apr 2024 | Anti-social behaviour | On or near Madeira Road |