£283,654
This estimated value is based upon the latest sale price for the house of £210,000 on 17 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £210,000 | 17 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £210,000 results in an estimated price of approximately £283,654.
| 17 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £210,000 | £73,654 | £283,654 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 20.774 % | £43,625 | £253,625 |
| 3 Month Average | 35.494 % | £74,536 | £284,536 |
| 6 Month Average | 36.155 % | £75,925 | £285,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £170,000 | £170,000 | 27 FERNLEA ROAD |
| 24 Nov 2023 | £245,637 | £242,000 | 7 ALEXANDRA ROAD |
| 16 Nov 2023 | £208,081 | £205,000 | 19 MAYFLOWER AVENUE |
| 14 Nov 2023 | £101,503 | £100,000 | FLAT 18 THE OLD SCHOOL APARTMENTS, 56 MAIN ROAD |
| 15 Sep 2023 | £187,396 | £185,000 | 114 MAIN ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 1 Nov 2016. Using an estimated price of £283,655 means this house is valued at £2,251 per sq meter (£209 per sq foot).
The average size of a house on BEACON HILL AVENUE is 147 sq meters (1,583 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Barrack Lane |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Police Station |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Police Station |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Police Station |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Police Station |