£265,157
This estimated value is based upon the latest sale price for the house of £162,000 on 28 Nov 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £162,000 | 28 Nov 2013 |
| £129,995 | 7 Jul 2004 |
| Semi-Detached |
| Freehold |
| 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 November 2013 the House Price Index for ESSEX was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £162,000 results in an estimated price of approximately £265,157.
| 28 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £162,000 | £103,157 | £265,157 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 39.839 % | £64,539 | £226,539 |
| 3 Month Average | 49.835 % | £80,733 | £242,733 |
| 6 Month Average | 38.519 % | £62,401 | £224,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £279,291 | £275,000 | 24 ST PAULS ROAD |
| 30 Jun 2023 | £397,975 | £390,000 | 25 MORTEN ROAD |
| 19 Jun 2023 | £438,793 | £430,000 | 26 MORTEN ROAD |
| 15 Jun 2023 | £255,112 | £250,000 | 5 ORCHARD ROAD |
| 10 Jan 2023 | £185,496 | £185,000 | 32 COLNE BANK AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 19 Aug 2013. Using an estimated price of £265,158 means this house is valued at £4,017 per sq meter (£373 per sq foot).
The average size of a house on MORTEN ROAD is 68 sq meters (732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Morten Road | |
| Sep 2024 | Other theft | Under investigation | On or near Morten Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Morten Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near John Harper Street |
| Sep 2024 | Anti-social behaviour | On or near John Harper Street |