£273,337
This estimated value is based upon the latest sale price for the house of £105,000 on 1 Oct 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £105,000 | 1 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2002 the House Price Index for ESSEX was 56.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 160.321%.Applying this 160.321% change to the original purchase price of £105,000 results in an estimated price of approximately £273,337.
| 1 Oct 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 146.7 | 160.321 % | £105,000 | £168,337 | £273,337 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 3097.729 % | £3,252,615 | £3,357,615 |
| 3 Month Average | 117.366 % | £123,234 | £228,234 |
| 6 Month Average | 116.058 % | £121,860 | £226,860 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 26 May 2017.
The average size of a house on DURHAM SQUARE is 108 sq meters (1,172 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Square |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Square |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Durham Square |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Norwich Close |
| Dec 2023 | Drugs | Local resolution | On or near Guildford Road |