£286,026
This estimated value is based upon the latest sale price for the house of £185,000 on 14 May 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£185,000 | 14 May 2014 |
£50,000 | 21 Jun 1996 |
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 May 2014 the House Price Index for ESSEX was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £185,000 results in an estimated price of approximately £286,026.
14 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £185,000 | £101,026 | £286,026 |
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 | -23.366 % | £-43,227 | £141,772 |
3 Month Average | 23.954 % | £44,314 | £229,314 |
6 Month Average | 28.057 % | £51,905 | £236,905 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £280,148 | £276,000 | 55 OLD HEATH ROAD |
29 Sep 2023 | £199,551 | £197,000 | 2 CANNOCK MILL COURT OLD HEATH ROAD |
16 Jun 2023 | £222,698 | £220,000 | 14 BELMONT PLACE |
3 Feb 2023 | £169,886 | £170,000 | 75 GILBERD ROAD |
4 Aug 2022 | £265,785 | £266,500 | 87 OLD HEATH ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 27 Jul 2013. Using an estimated price of £286,026 means this house is valued at £3,287 per sq meter (£305 per sq foot).
The average size of a house on OLD HEATH ROAD is 93 sq meters (1,005 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Belmont Place | |
Feb 2024 | Anti-social behaviour | On or near Belmont Place | |
Jan 2024 | Other theft | Under investigation | On or near Belmont Place |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Belmont Place |