£403,976
This estimated value is based upon the latest sale price for the house of £327,000 on 4 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £327,000 | 4 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £327,000 results in an estimated price of approximately £403,976.
| 4 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £327,000 | £76,976 | £403,976 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | -12.532 % | £-40,980 | £286,019 |
| 3 Month Average | 4.511 % | £14,750 | £341,750 |
| 6 Month Average | 8.938 % | £29,227 | £356,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £432,806 | £425,000 | 68 COLCHESTER ROAD |
| 31 Mar 2023 | £244,076 | £240,000 | THE COACH HOUSE COLCHESTER ROAD |
| 22 Jun 2022 | £229,915 | £225,000 | 71 COLCHESTER ROAD |
| 26 Apr 2022 | £282,697 | £272,500 | 86 DAME MARY WALK |
| 30 Sep 2021 | £483,078 | £445,000 | 42 COLCHESTER ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 15 May 2019. Using an estimated price of £403,976 means this house is valued at £3,606 per sq meter (£335 per sq foot).
The average size of a house on MCDOWELL MEWS is 169 sq meters (1,819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A1124 |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A1124 |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Harvey Street |
| Jul 2024 | Anti-social behaviour | On or near Weavers Row | |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Weavers Row |