£313,885
This estimated value is based upon the latest sale price for the house of £285,000 on 26 Aug 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £285,000 | 26 Aug 2021 |
| £232,000 | 30 Apr 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 August 2021 the House Price Index for ESSEX was 133.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 10.135%.Applying this 10.135% change to the original purchase price of £285,000 results in an estimated price of approximately £313,885.
| 26 Aug 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 146.7 | 10.135 % | £285,000 | £28,885 | £313,885 |
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 | 43.941 % | £125,231 | £410,231 |
| 3 Month Average | -3.377 % | £-9,625 | £275,374 |
| 6 Month Average | -0.860 % | £-2,451 | £282,548 |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 13 Feb 2018.
The average size of a house on TOWER ROAD is 84 sq meters (906 sq feet).
This house is the largest in the street with a floor area of 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Tower Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
| Mar 2024 | Public order | Under investigation | On or near Hospital |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Hospital |