£312,347
This estimated value is based upon the latest sale price for the house of £245,000 on 31 Jul 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£245,000 | 31 Jul 2017 |
£175,000 | 2 Mar 2007 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 July 2017 the House Price Index for ESSEX was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £245,000 results in an estimated price of approximately £312,347.
31 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £245,000 | £67,347 | £312,347 |
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 | 5.836 % | £14,299 | £259,299 |
3 Month Average | 10.708 % | £26,235 | £271,235 |
6 Month Average | 15.665 % | £38,379 | £283,379 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £195,419 | £192,000 | 1 ARMIDALE WALK |
1 Mar 2023 | £272,568 | £270,000 | 89 QUEEN ELIZABETH WAY |
23 Jan 2023 | £303,570 | £305,000 | 52 QUEENSLAND DRIVE |
31 Oct 2022 | £296,804 | £300,000 | 9 ARMIDALE WALK |
7 Sep 2022 | £396,796 | £400,000 | 278 MERSEA ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 22 Aug 2016. Using an estimated price of £312,348 means this house is valued at £4,164 per sq meter (£386 per sq foot).
The average size of a house on MERSEA ROAD is 94 sq meters (1,019 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Local resolution | On or near Hobart Gardens |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hobart Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hobart Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Tamworth Chase |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Queen Elizabeth Way |