£160,078
This estimated value is based upon the latest sale price for the house of £130,000 on 3 May 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £130,000 | 3 May 2018 |
| £81,500 | 6 Apr 2011 |
| £41,000 | 9 Oct 2000 |
| £25,000 | 19 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 34 sq meters or 365 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 May 2018 the House Price Index for ESSEX was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £130,000 results in an estimated price of approximately £160,078.
| 3 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 146.7 | 23.137 % | £130,000 | £30,078 | £160,078 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 1362.707 % | £1,771,518 | £1,901,518 |
| 3 Month Average | 8.427 % | £10,954 | £140,954 |
| 6 Month Average | 9.234 % | £12,004 | £142,004 |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 25 Jun 2018.
The average size of a house on CHARLES PLACE is 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Farrington Close |
| Mar 2024 | Other theft | Under investigation | On or near Farrington Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farrington Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farrington Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Farrington Close |