£218,444
This estimated value is based upon the latest sale price for the house of £175,000 on 26 Apr 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£175,000 | 26 Apr 2018 |
Freehold |
Floor Area: 114 sq meters or 1,227 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 April 2018 the House Price Index for ESSEX was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £175,000 results in an estimated price of approximately £218,444.
26 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £175,000 | £43,444 | £218,444 |
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 | -2.239 % | £-3,918 | £171,081 |
3 Month Average | 7.602 % | £13,303 | £188,303 |
6 Month Average | 10.300 % | £18,024 | £193,024 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Feb 2023 | £119,919 | £120,000 | 10 CROWN LANE |
7 Jul 2022 | £156,421 | £156,000 | 5 VICTORIA STREET |
16 May 2022 | £167,659 | £164,500 | 31 VICTORIA STREET |
29 Mar 2022 | £155,439 | £150,000 | 145 HIGH STREET |
28 Mar 2022 | £202,071 | £195,000 | 13 VICTORIA STREET |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 16 May 2013. Using an estimated price of £218,444 means this house is valued at £1,916 per sq meter (£178 per sq foot).
The average size of a house on HIGH STREET is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Theatre/Concert Hall | |
Feb 2024 | Anti-social behaviour | On or near Theatre/Concert Hall | |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
Mar 2024 | Anti-social behaviour | On or near Crown Lane | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Road |