£81,485
This estimated value is based upon the latest sale price for the house of £52,500 on 18 Dec 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £52,500 | 18 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
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 2007 the House Price Index for ESSEX was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £52,500 results in an estimated price of approximately £81,485.
| 18 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 148.6 | 55.211 % | £52,500 | £28,985 | £81,485 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 50.940 % | £26,743 | £79,243 |
| 3 Month Average | 76.614 % | £40,222 | £92,722 |
| 6 Month Average | 50.873 % | £26,708 | £79,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £297,808 | £294,000 | THE ROYAL OAK, 54 HIGH STREET |
| 6 Sep 2023 | £273,497 | £270,000 | 25 CHAPEL STREET |
| 29 Aug 2023 | £99,823 | £98,950 | 7 OAK YARD |
| 29 Mar 2023 | £70,666 | £70,000 | FLAT 23 RIVERSIDE COURT ROSEMARY LANE |
| 7 Oct 2022 | £115,754 | £117,000 | FLAT 17 RIVERSIDE COURT ROSEMARY LANE |