£118,031
This estimated value is based upon the latest sale price for the house of £82,000 on 27 Jul 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£82,000 | 27 Jul 2015 |
£77,000 | 24 Dec 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 419 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 2015 the House Price Index for ESSEX was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £82,000 results in an estimated price of approximately £118,031.
27 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £82,000 | £36,031 | £118,031 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 36.437 % | £29,878 | £111,878 |
3 Month Average | 28.291 % | £23,198 | £105,198 |
6 Month Average | 46.677 % | £38,275 | £120,275 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £243,108 | £240,000 | 12 BALFE COURT |
4 Aug 2023 | £260,277 | £258,000 | 48 AFFLECK ROAD |
28 Apr 2023 | £142,535 | £141,000 | 109B FOREST ROAD |
22 Feb 2023 | £244,835 | £245,000 | 1 PENRICE CLOSE |
23 Mar 2022 | £243,522 | £235,000 | 123 FOREST ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 29 Jul 2020. Using an estimated price of £118,031 means this house is valued at £3,026 per sq meter (£281 per sq foot).
The average size of a house on AFFLECK ROAD is 80 sq meters (867 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (419 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Affleck Road | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Affleck Road |
Feb 2024 | Drugs | Action to be taken by another organisation | On or near Affleck Road |
Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Affleck Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Affleck Road |