£194,373
This estimated value is based upon the latest sale price for the house of £135,000 on 12 Aug 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£135,000 | 12 Aug 2015 |
£102,950 | 26 Nov 2002 |
£37,000 | 21 Dec 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 August 2015 the House Price Index for ESSEX was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £135,000 results in an estimated price of approximately £194,373.
12 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 149.7 | 43.981 % | £135,000 | £59,373 | £194,373 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 35.807 % | £48,340 | £183,340 |
3 Month Average | 41.346 % | £55,817 | £190,817 |
6 Month Average | 42.194 % | £56,962 | £191,962 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £118,529 | £117,500 | 216 NEWLAND COURT NEWLAND STREET |
21 Dec 2023 | £412,681 | £400,000 | 32 MILL LANE |
15 Dec 2023 | £77,378 | £75,000 | 116 NEWLAND COURT NEWLAND STREET |
11 Dec 2023 | £103,170 | £100,000 | 208 NEWLAND COURT NEWLAND STREET |
30 Jun 2023 | £105,106 | £103,000 | 14 NEWLAND COURT NEWLAND STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Jun 2015. Using an estimated price of £194,374 means this house is valued at £2,737 per sq meter (£254 per sq foot).
The average size of a house on NEWLAND STREET is 58 sq meters (627 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near B1389 |
Sep 2024 | Anti-social behaviour | On or near B1389 | |
Sep 2024 | Anti-social behaviour | On or near B1389 | |
Oct 2024 | Other theft | Under investigation | On or near Lawn Chase |
Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lawn Chase |