£275,460
This estimated value is based upon the latest sale price for the house of £175,000 on 14 Mar 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£175,000 | 14 Mar 2014 |
£105,000 | 18 Jun 2002 |
£79,200 | 14 Jul 2000 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2014 the House Price Index for ESSEX was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £175,000 results in an estimated price of approximately £275,460.
14 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.6 | 57.406 % | £175,000 | £100,460 | £275,460 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | 62.282 % | £108,993 | £283,993 |
3 Month Average | 50.242 % | £87,922 | £262,922 |
6 Month Average | 79.989 % | £139,980 | £314,980 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £81,202 | £80,000 | 16 FALKLANDS ROAD |
28 Jun 2023 | £293,556 | £290,000 | 48 FALKLANDS ROAD |
19 Oct 2022 | £297,991 | £301,200 | UNIT D MILDMAY INDUSTRIAL ESTATE |
17 Jun 2022 | £135,414 | £133,500 | 18 HERMES DRIVE |
27 Aug 2021 | £290,060 | £260,000 | 21 FALKLANDS ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 13 Jun 2014. Using an estimated price of £275,461 means this house is valued at £3,279 per sq meter (£304 per sq foot).
The average size of a house on FALKLANDS ROAD is 50 sq meters (546 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Falklands Road |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
Apr 2024 | Violence and sexual offences | Under investigation | On or near B1021 |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1021 |
Feb 2024 | Public order | Unable to prosecute suspect | On or near B1021 |