£217,367
This estimated value is based upon the latest sale price for the house of £220,000 on 18 Nov 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£220,000 | 18 Nov 2022 |
£215,000 | 5 Mar 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 November 2022 the House Price Index for ESSEX was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £220,000 results in an estimated price of approximately £217,367.
18 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.4 | 148.6 | -1.197 % | £220,000 | £-2,632 | £217,367 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 0.968 % | £2,130 | £222,130 |
3 Month Average | -13.973 % | £-30,739 | £189,260 |
6 Month Average | -4.835 % | £-10,637 | £209,362 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £289,283 | £285,000 | 83 NEWLAND STREET |
29 Jun 2023 | £129,569 | £128,000 | 4 GUITHAVON STREET |
26 Jun 2023 | £217,636 | £215,000 | FLAT 3 GUITHAVON HOUSE GUITHAVON STREET |
20 Apr 2023 | £90,980 | £90,000 | GUITHAVON HOUSE GUITHAVON STREET |
13 Jan 2023 | £184,133 | £185,000 | FLAT 8 GUITHAVON HOUSE GUITHAVON STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 20 Feb 2018. Using an estimated price of £217,367 means this house is valued at £4,180 per sq meter (£388 per sq foot).
The average size of a house on THE COURTYARD is 67 sq meters (725 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Coach House Way |
Apr 2024 | Anti-social behaviour | On or near Coach House Way | |
Mar 2024 | Anti-social behaviour | On or near Coach House Way | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coach House Way |
Mar 2024 | Anti-social behaviour | On or near Coach House Way |