£100,522
This estimated value is based upon the latest sale price for the house of £54,000 on 14 Dec 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £54,000 | 14 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 15 sq meters or 161 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 2004 the House Price Index for ESSEX was 78.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 86.153%.Applying this 86.153% change to the original purchase price of £54,000 results in an estimated price of approximately £100,522.
| 14 Dec 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 146.7 | 86.153 % | £54,000 | £46,522 | £100,522 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 66.474 % | £35,896 | £89,896 |
| 3 Month Average | 65.754 % | £35,507 | £89,507 |
| 6 Month Average | 76.002 % | £41,041 | £95,041 |
This house has a floor area of 15 sq meters or 161 sq feet when measured on 2 Nov 2020.
The average size of a house on SOUTH STREET is 58 sq meters (627 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Artillery Barracks Folley |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Street |