£156,807
This estimated value is based upon the latest sale price for the house of £120,000 on 20 Jan 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£120,000 | 20 Jan 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 80 sq meters or 861 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 January 2017 the House Price Index for ESSEX was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £120,000 results in an estimated price of approximately £156,807.
20 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £120,000 | £36,807 | £156,807 |
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 | 47.606 % | £57,126 | £177,126 |
3 Month Average | 31.454 % | £37,744 | £157,744 |
6 Month Average | 24.995 % | £29,994 | £149,994 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £126,619 | £125,000 | FLAT 1 VICTORY HOUSE, 6 VICTORY ROAD |
10 Jul 2023 | £158,128 | £156,000 | 77 ST OSYTH ROAD |
12 Aug 2022 | £119,678 | £120,000 | 17A DUDLEY ROAD |
29 Jun 2022 | £121,720 | £120,000 | 17 DUDLEY ROAD |
28 Apr 2022 | £131,299 | £127,500 | FLAT 3 VICTORY HOUSE, 6 VICTORY ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 19 Sep 2016. Using an estimated price of £156,808 means this house is valued at £1,960 per sq meter (£182 per sq foot).
The average size of a house on VICTORY ROAD is 81 sq meters (879 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Victory Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Victory Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Victory Road |
Mar 2024 | Anti-social behaviour | On or near Victory Road | |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victory Road |