£582,503
This estimated value is based upon the latest sale price for the house of £475,000 on 22 Oct 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £475,000 | 22 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 October 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £475,000 results in an estimated price of approximately £582,503.
| 22 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £475,000 | £107,503 | £582,503 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | -50.501 % | £-239,878 | £235,121 |
| 3 Month Average | -11.958 % | £-56,800 | £418,199 |
| 6 Month Average | 3.933 % | £18,682 | £493,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £991,680 | £979,000 | 39 THIRD AVENUE |
| 7 Jul 2023 | £709,550 | £700,000 | 46 FOURTH AVENUE |
| 3 Oct 2022 | £667,810 | £675,000 | 68 FOURTH AVENUE |
| 16 May 2022 | £1,009,012 | £990,000 | 36 FOURTH AVENUE |
| 30 Sep 2021 | £738,151 | £685,000 | 54 SECOND AVENUE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 13 Jan 2014. Using an estimated price of £582,503 means this house is valued at £4,586 per sq meter (£426 per sq foot).
The average size of a house on FOURTH AVENUE is 141 sq meters (1,527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Old Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Old Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Shopping Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashlyn'S Road |