£342,032
This estimated value is based upon the latest sale price for the house of £325,000 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £325,000 | 14 Jan 2022 |
| £230,000 | 14 Nov 2016 |
| £158,000 | 22 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2022 the House Price Index for ESSEX was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £325,000 results in an estimated price of approximately £342,032.
| 14 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £325,000 | £17,032 | £342,032 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 2.110 % | £6,857 | £331,857 |
| 3 Month Average | 10.021 % | £32,567 | £357,567 |
| 6 Month Average | 9.751 % | £31,690 | £356,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £219,924 | £218,000 | 26 CORONATION AVENUE |
| 10 Feb 2023 | £239,839 | £240,000 | 4 SHEERING WALK |
| 7 Feb 2023 | £182,877 | £183,000 | 25 PRINCE PHILIP ROAD |
| 20 Jan 2023 | £348,359 | £350,000 | 13 PRINCE PHILIP ROAD |
| 20 Jan 2023 | £253,804 | £255,000 | 30 PRINCE PHILIP ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 23 Apr 2013. Using an estimated price of £342,033 means this house is valued at £3,320 per sq meter (£308 per sq foot).
The average size of a house on MONKWICK AVENUE is 79 sq meters (859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near School Road | |
| Mar 2024 | Public order | Under investigation | On or near School Road |
| Mar 2024 | Anti-social behaviour | On or near Sage Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sage Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Prince Charles Road |