£208,891
This estimated value is based upon the latest sale price for the house of £197,500 on 22 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £197,500 | 22 Dec 2021 |
| £150,000 | 3 Feb 2017 |
| £140,000 | 2 May 2007 |
| £60,000 | 25 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 December 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £197,500 results in an estimated price of approximately £208,891.
| 22 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £197,500 | £11,391 | £208,891 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | -19.530 % | £-38,572 | £158,927 |
| 3 Month Average | -20.793 % | £-41,066 | £156,433 |
| 6 Month Average | -4.960 % | £-9,796 | £187,703 |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 5 Feb 2018.
The average size of a house on COLCHESTER ROAD is 77 sq meters (835 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (484 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Triangle Place |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Triangle Place |
| Dec 2023 | Drugs | Local resolution | On or near Triangle Place |