£228,295
This estimated value is based upon the latest sale price for the house of £170,000 on 25 May 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £170,000 | 25 May 2016 |
| £79,950 | 25 Apr 2001 |
| £48,000 | 26 Mar 1997 |
| £48,000 | 31 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 May 2016 the House Price Index for ESSEX was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £170,000 results in an estimated price of approximately £228,295.
| 25 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £170,000 | £58,295 | £228,295 |
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 | 22.805 % | £38,768 | £208,768 |
| 3 Month Average | 30.656 % | £52,115 | £222,115 |
| 6 Month Average | 49.342 % | £83,880 | £253,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £242,943 | £240,000 | 18 SHIP ROAD |
| 13 Apr 2023 | £293,156 | £290,000 | 19 SHIP ROAD |
| 9 Mar 2023 | £504,750 | £499,995 | 69 HIGH STREET |
| 15 Jun 2022 | £720,178 | £710,000 | 58 - 60 HIGH STREET |
| 28 Jan 2022 | £352,557 | £335,000 | 105 HIGH STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 10 Feb 2016. Using an estimated price of £228,296 means this house is valued at £3,804 per sq meter (£353 per sq foot).
The average size of a house on HIGH STREET is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shore Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shore Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shore Road |
| Apr 2024 | Public order | Under investigation | On or near High Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near High Street |