£461,073
This estimated value is based upon the latest sale price for the house of £380,000 on 11 Mar 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £380,000 | 11 Mar 2020 |
| £400,000 | 22 Nov 2007 |
| £145,000 | 29 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £380,000 results in an estimated price of approximately £461,073.
| 11 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £380,000 | £81,073 | £461,073 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | -7.984 % | £-30,340 | £349,659 |
| 3 Month Average | 24.886 % | £94,568 | £474,568 |
| 6 Month Average | 5.803 % | £22,049 | £402,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £891,071 | £875,000 | STARBOARD HOUSE, 12B REMEMBRANCE AVENUE |
| 1 Aug 2023 | £274,959 | £270,000 | 3 KINGS ROAD |
| 3 Apr 2023 | £275,146 | £270,000 | 11 CORONATION ROAD |
| 10 Feb 2023 | £261,748 | £260,000 | 166A STATION ROAD |
| 3 Feb 2023 | £181,210 | £180,000 | 164A STATION ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 1 Jun 2017. Using an estimated price of £461,074 means this house is valued at £5,066 per sq meter (£470 per sq foot).
The average size of a house on KINGS ROAD is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Investigation complete; no suspect identified | On or near Kings Road |
| Jun 2024 | Criminal damage and arson | Local resolution | On or near Kings Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coronation Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coronation Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coronation Road |