£202,177
This estimated value is based upon the latest sale price for the house of £167,000 on 17 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £167,000 | 17 Oct 2019 |
| £40,000 | 9 Dec 1997 |
| £43,750 | 4 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £167,000 results in an estimated price of approximately £202,177.
| 17 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £167,000 | £35,177 | £202,177 |
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 | 9.046 % | £15,106 | £182,106 |
| 3 Month Average | 4.999 % | £8,347 | £175,347 |
| 6 Month Average | 13.042 % | £21,779 | £188,779 |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 27 Mar 2019.
The average size of a house on NELSON ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Nelson Road |
| Mar 2024 | Anti-social behaviour | On or near Station Lane | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Station Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Lane |