£117,514
This estimated value is based upon the latest sale price for the house of £87,000 on 16 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£87,000 | 16 Mar 2016 |
£106,000 | 30 Mar 2007 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £87,000 results in an estimated price of approximately £117,514.
16 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £87,000 | £30,514 | £117,514 |
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 | 20.774 % | £18,073 | £105,073 |
3 Month Average | 35.494 % | £30,879 | £117,879 |
6 Month Average | 36.155 % | £31,454 | £118,454 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £190,839 | £187,500 | 574 MAIN ROAD |
28 Sep 2023 | £182,331 | £180,000 | 15 CLARKES ROAD |
1 Sep 2023 | £198,539 | £196,000 | 28 CLARKES ROAD |
5 Apr 2023 | £328,537 | £325,000 | 15 ROSE GARDENS |
15 Jul 2022 | £270,729 | £270,000 | 588 MAIN ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 13 Nov 2013. Using an estimated price of £117,514 means this house is valued at £1,780 per sq meter (£165 per sq foot).
The average size of a house on CLARKES ROAD is 79 sq meters (858 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oulton Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Oulton Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Oulton Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rose Gardens |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dockfield Avenue |