£416,242
This estimated value is based upon the latest sale price for the house of £244,000 on 21 Jul 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £244,000 | 21 Jul 2011 |
| £235,000 | 29 Jul 2004 |
| £195,000 | 25 Feb 2004 |
| £152,500 | 26 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,138 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 July 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.591%.Applying this 70.591% change to the original purchase price of £244,000 results in an estimated price of approximately £416,242.
| 21 Jul 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.591 % | £244,000 | £172,242 | £416,242 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 30.919 % | £75,441 | £319,441 |
| 3 Month Average | 58.937 % | £143,806 | £387,806 |
| 6 Month Average | 74.248 % | £181,164 | £425,164 |
This house has a floor area of 105 sq meters or 1,138 sq feet when measured on 14 Mar 2011.
The average size of a house on COTMAN ROAD is 88 sq meters (950 sq feet).
This house is the largest in the street with a floor area of 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Munnings Road |
| Feb 2024 | Other theft | Under investigation | On or near Munnings Road |