£195,119
This estimated value is based upon the latest sale price for the house of £73,995 on 25 Oct 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£73,995 | 25 Oct 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 31 sq meters or 333 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 October 2002 the House Price Index for ESSEX was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £73,995 results in an estimated price of approximately £195,119.
25 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 148.6 | 163.693 % | £73,995 | £121,124 | £195,119 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 156.560 % | £115,846 | £189,841 |
3 Month Average | 152.904 % | £113,141 | £187,136 |
6 Month Average | 169.789 % | £125,635 | £199,630 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £166,796 | £165,000 | 81E HIGH STREET |
23 Nov 2022 | £296,410 | £300,000 | 94 - 98 HIGH STREET |
3 Oct 2022 | £326,485 | £330,000 | 64 HIGH STREET |
25 Jul 2022 | £145,391 | £145,000 | FLAT 42 VENABLES COURT VENABLES CLOSE |
1 Jul 2022 | £155,418 | £155,000 | FLAT 28 VENABLES COURT VENABLES CLOSE |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 19 Sep 2019. Using an estimated price of £195,120 means this house is valued at £6,294 per sq meter (£584 per sq foot).
The average size of a house on VENABLES CLOSE is 42 sq meters (452 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Herbert Road |
Mar 2024 | Drugs | Under investigation | On or near Herbert Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Herbert Road |
Mar 2024 | Anti-social behaviour | On or near Venables Close | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Venables Close |