£1,147,399
This estimated value is based upon the latest sale price for the house of £900,000 on 25 Jul 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £900,000 | 25 Jul 2017 |
| Freehold |
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 July 2017 the House Price Index for ESSEX was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £900,000 results in an estimated price of approximately £1,147,399.
| 25 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £900,000 | £247,399 | £1,147,399 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 51.269 % | £461,422 | £1,361,422 |
| 3 Month Average | 21.093 % | £189,839 | £1,089,839 |
| 6 Month Average | 18.892 % | £170,024 | £1,070,024 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £478,370 | £470,000 | 6 PHOENIX COURT HAWKINS ROAD |
| 15 Sep 2023 | £141,813 | £140,000 | 60 SAIL HOUSE SHIP WHARF |
| 12 Sep 2023 | £146,878 | £145,000 | 72 SAIL HOUSE SHIP WHARF |
| 1 Aug 2023 | £857,502 | £850,000 | 3A HAWKINS ROAD |
| 6 Mar 2023 | £178,179 | £176,500 | 10 SAIL HOUSE SHIP WHARF |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Heia Wharf |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Altbarn Road |