£93,391
This estimated value is based upon the latest sale price for the house of £17,500 on 2 Jan 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £17,500 | 2 Jan 1997 |
| £16,500 | 30 Aug 1996 |
| Terraced |
| Freehold |
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 January 1997 the House Price Index for ESSEX was 27.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 433.667%.Applying this 433.667% change to the original purchase price of £17,500 results in an estimated price of approximately £93,391.
| 2 Jan 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 148.6 | 433.667 % | £17,500 | £75,891 | £93,391 |
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 | 394.513 % | £69,039 | £86,539 |
| 3 Month Average | 394.531 % | £69,042 | £86,542 |
| 6 Month Average | 406.153 % | £71,076 | £88,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £170,682 | £168,500 | 24 MARIA STREET |
| 24 Jul 2023 | £167,251 | £165,000 | 5 MARIA STREET |
| 10 Mar 2023 | £105,999 | £105,000 | 2 ELIZABETH HOUSE ALBEMARLE STREET |
| 16 Feb 2023 | £184,876 | £185,000 | BASE FLAT 33 STOUR ROAD |
| 23 Jan 2023 | £123,419 | £124,000 | FLAT 3 ALBEMARLE HOUSE, 29 - 33 ALBEMARLE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Albemarle Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albemarle Street |
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near Pepys Street |