£201,094
This estimated value is based upon the latest sale price for the house of £119,500 on 14 Aug 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£119,500 | 14 Aug 2008 |
Terraced |
Freehold |
Floor Area: 47 sq meters or 505 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 August 2008 the House Price Index for ESSEX was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £119,500 results in an estimated price of approximately £201,094.
14 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.3 | 148.6 | 68.280 % | £119,500 | £81,594 | £201,094 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 72.164 % | £86,236 | £205,736 |
3 Month Average | 54.604 % | £65,252 | £184,752 |
6 Month Average | 73.833 % | £88,230 | £207,730 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Feb 2023 | £224,849 | £225,000 | 162 TURNER ROAD |
13 Jan 2023 | £223,945 | £225,000 | 23 WRYNECK CLOSE |
5 May 2022 | £188,553 | £185,000 | 5 LINNET MEWS |
5 Nov 2021 | £191,969 | £177,500 | 3 LINNET MEWS |
16 Sep 2021 | £10,222,042 | £9,486,000 | LONGVIEW, 216 TURNER ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 19 Jul 2019. Using an estimated price of £201,094 means this house is valued at £4,278 per sq meter (£397 per sq foot).
The average size of a house on TURNER ROAD is 73 sq meters (794 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Wryneck Close |