£545,136
This estimated value is based upon the latest sale price for the house of £350,000 on 29 May 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 29 May 2014 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2014 the House Price Index for ESSEX was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £350,000 results in an estimated price of approximately £545,136.
| 29 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £350,000 | £195,136 | £545,136 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 49.015 % | £171,553 | £521,553 |
| 3 Month Average | 37.272 % | £130,453 | £480,453 |
| 6 Month Average | 51.048 % | £178,668 | £528,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £432,806 | £425,000 | 68 COLCHESTER ROAD |
| 24 Feb 2023 | £286,917 | £285,000 | 55 COLCHESTER ROAD |
| 15 Feb 2023 | £402,187 | £399,500 | 38 PRETORIA ROAD |
| 10 Nov 2022 | £271,729 | £273,000 | BRAEMAR PRETORIA ROAD |
| 22 Jul 2022 | £661,630 | £655,000 | 25 PRETORIA ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 14 Sep 2013. Using an estimated price of £545,137 means this house is valued at £6,648 per sq meter (£617 per sq foot).
The average size of a house on PRETORIA ROAD is 121 sq meters (1,304 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Pretoria Road |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pretoria Road |
| Aug 2024 | Other crime | Under investigation | On or near Pretoria Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pretoria Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A1124 |