£212,164
This estimated value is based upon the latest sale price for the house of £183,500 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £183,500 | 18 Dec 2020 |
| £185,000 | 10 Jan 2019 |
| £160,000 | 1 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 December 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £183,500 results in an estimated price of approximately £212,164.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £183,500 | £28,664 | £212,164 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | -25.143 % | £-46,136 | £137,363 |
| 3 Month Average | -3.914 % | £-7,181 | £176,318 |
| 6 Month Average | 4.456 % | £8,176 | £191,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £330,000 | £330,000 | FLAT 2 KINGS HOUSE THE ESPLANADE |
| 28 Nov 2023 | £343,725 | £335,000 | 15 ASTELL COURT |
| 2 Aug 2023 | £295,327 | £290,000 | FLAT 2 QUEENS HOUSE THE ESPLANADE |
| 7 Feb 2023 | £261,748 | £260,000 | 1 WALDEN HOUSE QUEENS ROAD |
| 9 Sep 2022 | £279,813 | £280,000 | 18 ASTELL COURT |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 Oct 2018. Using an estimated price of £212,164 means this house is valued at £2,906 per sq meter (£270 per sq foot).
The average size of a house on QUEENS ROAD is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harold Road |
| Aug 2024 | Drugs | Under investigation | On or near Queen'S Road |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Queen'S Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Queen'S Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |