£188,199
This estimated value is based upon the latest sale price for the house of £158,500 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £158,500 | 25 Sep 2020 |
| £89,950 | 28 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £158,500 results in an estimated price of approximately £188,199.
| 25 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £158,500 | £29,699 | £188,199 |
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 | 25.977 % | £41,174 | £199,674 |
| 3 Month Average | -8.166 % | £-12,943 | £145,556 |
| 6 Month Average | 9.038 % | £14,324 | £172,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £211,853 | £210,000 | 30 LONDON ROAD |
| 28 Apr 2023 | £161,742 | £160,000 | 39 KNOX ROAD |
| 10 Mar 2023 | £242,283 | £240,000 | 54 KNOX ROAD |
| 11 Nov 2022 | £232,682 | £235,500 | 25 KNOX ROAD |
| 6 Jul 2022 | £180,486 | £180,000 | 22 LONDON ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 27 May 2017. Using an estimated price of £188,200 means this house is valued at £3,035 per sq meter (£282 per sq foot).
The average size of a house on LONDON ROAD is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A133 |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near A133 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Charles Burcart Gardens |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Charles Burcart Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Charles Burcart Gardens |