£190,657
This estimated value is based upon the latest sale price for the house of £180,000 on 23 Jun 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £180,000 | 23 Jun 2021 |
| £135,000 | 6 Mar 2015 |
| £105,000 | 28 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 June 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.921%.Applying this 5.921% change to the original purchase price of £180,000 results in an estimated price of approximately £190,657.
| 23 Jun 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 146.7 | 5.921 % | £180,000 | £10,657 | £190,657 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 1330.450 % | £2,394,810 | £2,574,810 |
| 3 Month Average | -7.693 % | £-13,847 | £166,152 |
| 6 Month Average | -9.791 % | £-17,624 | £162,375 |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 16 Sep 2017.
The average size of a house on PORT LANE is 66 sq meters (714 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Awaiting court outcome | On or near Port Lane |
| Jan 2024 | Drugs | Local resolution | On or near Port Lane |
| Mar 2024 | Drugs | Under investigation | On or near New Park Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Park Street |
| Dec 2023 | Anti-social behaviour | On or near New Park Street |