£220,837
This estimated value is based upon the latest sale price for the house of £169,000 on 24 Jan 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£169,000 | 24 Jan 2017 |
Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 £169,000 results in an estimated price of approximately £220,837.
24 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £169,000 | £51,837 | £220,837 |
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 | 94.830 % | £160,262 | £329,262 |
3 Month Average | 22.034 % | £37,236 | £206,236 |
6 Month Average | 22.390 % | £37,838 | £206,838 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £35,526 | £35,000 | FLAT 1 142 WELLESLEY ROAD |
20 Sep 2023 | £144,852 | £143,000 | 43 OXFORD CRESCENT |
9 Aug 2023 | £171,500 | £170,000 | GROUND FLOOR FLAT, 150 WELLESLEY ROAD |
1 Mar 2023 | £208,969 | £207,000 | 116 OXFORD CRESCENT |
19 Oct 2022 | £265,145 | £268,000 | 76 OXFORD CRESCENT |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 29 Nov 2016. Using an estimated price of £220,837 means this house is valued at £2,831 per sq meter (£263 per sq foot).
The average size of a house on WELLESLEY ROAD is 93 sq meters (1,010 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Olivers Close |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Olivers Close |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Olivers Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Olivers Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eton Road |