£279,240
This estimated value is based upon the latest sale price for the house of £150,000 on 17 Mar 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £150,000 | 17 Mar 2005 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 813 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 March 2005 the House Price Index for ESSEX was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £150,000 results in an estimated price of approximately £279,240.
| 17 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.160 % | £150,000 | £129,240 | £279,240 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 44.331 % | £66,496 | £216,496 |
| 3 Month Average | 52.951 % | £79,426 | £229,426 |
| 6 Month Average | 48.972 % | £73,458 | £223,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £149,209 | £147,000 | 24 KINGS HEAD STREET |
| 31 Jul 2023 | £217,933 | £215,000 | 38 WEST STREET |
| 28 Apr 2023 | £267,884 | £265,000 | 38A WEST STREET |
| 17 Mar 2023 | £83,789 | £83,000 | FLAT 8 QUAYSIDE COURT THE QUAY |
| 10 Feb 2023 | £164,889 | £165,000 | FLAT 7 QUAYSIDE COURT THE QUAY |
This house has a floor area of 75 sq meters or 813 sq feet when measured on 25 Oct 2011. Using an estimated price of £279,241 means this house is valued at £3,693 per sq meter (£343 per sq foot).
The average size of a house on KINGS HEAD STREET is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Eastgate Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Eastgate Street |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Eastgate Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Custom House Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Custom House Lane |