£61,604
This estimated value is based upon the latest sale price for the house of £57,500 on 14 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£57,500 | 14 Dec 2021 |
£66,000 | 14 Dec 2021 |
£47,000 | 26 Nov 2015 |
£70,000 | 6 Aug 2004 |
£28,250 | 27 Apr 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £57,500 results in an estimated price of approximately £61,604.
14 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £57,500 | £4,104 | £61,604 |
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 | 32.981 % | £18,963 | £76,463 |
3 Month Average | 10.421 % | £5,991 | £63,491 |
6 Month Average | 7.126 % | £4,097 | £61,597 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £186,765 | £184,000 | 3 NELSON ROAD |
1 Apr 2022 | £87,533 | £85,000 | 15 JACK BRANCH COURT WASH LANE |
4 Mar 2022 | £367,873 | £355,000 | 2A NELSON ROAD |
21 Dec 2021 | £406,866 | £379,760 | 20 TRAFALGAR ROAD |
20 Dec 2021 | £530,332 | £495,000 | 17 TRAFALGAR ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 30 Mar 2015. Using an estimated price of £61,604 means this house is valued at £1,257 per sq meter (£116 per sq foot).
The average size of a house on FREELAND ROAD is 116 sq meters (1,251 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Possession of weapons | Under investigation | On or near Trafalgar Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Trafalgar Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Trafalgar Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Trafalgar Road |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Nelson Road |