£402,462
This estimated value is based upon the latest sale price for the house of £239,995 on 14 Jan 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£239,995 | 14 Jan 2013 |
£175,000 | 25 Aug 2006 |
Semi-Detached |
Freehold |
Floor Area: 140 sq meters or 1,506 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 January 2013 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 67.696%.Applying this 67.696% change to the original purchase price of £239,995 results in an estimated price of approximately £402,462.
14 Jan 2013 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 147.0 | 67.696 % | £239,995 | £162,467 | £402,462 |
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 | 36.535 % | £87,682 | £327,677 |
3 Month Average | 54.573 % | £130,973 | £370,968 |
6 Month Average | 63.883 % | £153,315 | £393,310 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 May 2023 | £290,197 | £290,000 | 9 ADELAIDE DRIVE |
3 Feb 2023 | £288,468 | £292,000 | 10 ADELAIDE DRIVE |
27 Jul 2022 | £277,546 | £280,000 | 6 QUEENSLAND DRIVE |
6 Jul 2022 | £277,546 | £280,000 | 8 ONSLOW CRESCENT |
5 Jul 2022 | £168,510 | £170,000 | 26 ADELAIDE DRIVE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 11 Apr 2015. Using an estimated price of £402,462 means this house is valued at £2,874 per sq meter (£267 per sq foot).
The average size of a house on MERSEA ROAD is 94 sq meters (1,019 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Perth Close |
Jan 2024 | Anti-social behaviour | On or near Perth Close | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Perth Close |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Perth Close |
Oct 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Perth Close |