£263,989
This estimated value is based upon the latest sale price for the house of £140,000 on 10 Dec 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £140,000 | 10 Dec 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 38 sq meters or 409 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 December 2004 the House Price Index for ESSEX was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £140,000 results in an estimated price of approximately £263,989.
| 10 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £140,000 | £123,989 | £263,989 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 65.343 % | £91,480 | £231,480 |
| 3 Month Average | 55.779 % | £78,091 | £218,091 |
| 6 Month Average | 53.382 % | £74,734 | £214,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £231,111 | £228,000 | 36 WARGRAVE ROAD |
| 6 Apr 2023 | £161,742 | £160,000 | 5 WARGRAVE ROAD |
| 23 Sep 2022 | £224,190 | £226,000 | 34 MELBOURNE ROAD |
| 20 May 2022 | £275,185 | £270,000 | 46 MELBOURNE ROAD |
| 20 Sep 2021 | £215,518 | £200,000 | 30 THOMAS ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 10 Aug 2018. Using an estimated price of £263,989 means this house is valued at £6,947 per sq meter (£645 per sq foot).
The average size of a house on THOMAS ROAD is 85 sq meters (923 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (409 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pathfields Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pathfields Road |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Pathfields Road |
| Mar 2024 | Robbery | Under investigation | On or near Pathfields Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pathfields Road |