£259,516
This estimated value is based upon the latest sale price for the house of £265,000 on 7 Sep 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £265,000 | 7 Sep 2022 |
| £195,000 | 16 Nov 2018 |
| £110,000 | 30 Jun 2003 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 September 2022 the House Price Index for ESSEX was 149.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.069%.Applying this -2.069% change to the original purchase price of £265,000 results in an estimated price of approximately £259,516.
| 7 Sep 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 146.7 | -2.069 % | £265,000 | £-5,483 | £259,516 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | -23.434 % | £-62,099 | £202,900 |
| 3 Month Average | -7.400 % | £-19,609 | £245,390 |
| 6 Month Average | -0.818 % | £-2,167 | £262,832 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 8 Sep 2018.
The average size of a house on BUTT ROAD is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Vehicle crime | Under investigation | On or near Alexandra Terrace |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexandra Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Mar 2024 | Public order | Under investigation | On or near Alexandra Road |