£106,746
This estimated value is based upon the latest sale price for the house of £44,000 on 31 Mar 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £44,000 | 31 Mar 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 March 2003 the House Price Index for ESSEX was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £44,000 results in an estimated price of approximately £106,746.
| 31 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 148.6 | 142.606 % | £44,000 | £62,746 | £106,746 |
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 | 75.512 % | £33,225 | £77,225 |
| 3 Month Average | 108.104 % | £47,565 | £91,565 |
| 6 Month Average | 113.717 % | £50,035 | £94,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £119,919 | £120,000 | 10 CROWN LANE |
| 7 Jul 2022 | £156,421 | £156,000 | 5 VICTORIA STREET |
| 16 May 2022 | £167,659 | £164,500 | 31 VICTORIA STREET |
| 12 May 2022 | £157,722 | £154,750 | 1 WADDESDON ROAD |
| 8 Apr 2022 | £144,172 | £140,000 | 3 GRAFTON ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 19 Sep 2019. Using an estimated price of £106,747 means this house is valued at £1,173 per sq meter (£108 per sq foot).
The average size of a house on VICTORIA STREET is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Victoria Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Street |
| Mar 2024 | Anti-social behaviour | On or near Crown Lane | |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Crown Lane |