£132,271
This estimated value is based upon the latest sale price for the house of £127,500 on 28 Apr 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £127,500 | 28 Apr 2022 |
| £97,500 | 1 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 April 2022 the House Price Index for ESSEX was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £127,500 results in an estimated price of approximately £132,271.
| 28 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £127,500 | £4,771 | £132,271 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 18.743 % | £23,897 | £151,397 |
| 3 Month Average | -7.935 % | £-10,116 | £117,383 |
| 6 Month Average | -6.790 % | £-8,657 | £118,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £55,482 | £55,000 | FLAT 3 21 - 23 DUDLEY ROAD |
| 20 Oct 2023 | £122,789 | £120,000 | FLAT 2 VICTORY HOUSE, 6 VICTORY ROAD |
| 19 Oct 2023 | £112,556 | £110,000 | 96 ST OSYTH ROAD |
| 29 Sep 2023 | £127,818 | £125,000 | FLAT 1 VICTORY HOUSE, 6 VICTORY ROAD |
| 4 Apr 2023 | £208,907 | £205,000 | 10 VICTORY ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 19 Sep 2016. Using an estimated price of £132,271 means this house is valued at £3,006 per sq meter (£279 per sq foot).
The average size of a house on VICTORY ROAD is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victory Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Victory Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Victory Road |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Victory Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victory Road |