£311,515
This estimated value is based upon the latest sale price for the house of £230,000 on 8 Apr 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£230,000 | 8 Apr 2016 |
£153,000 | 12 May 2008 |
£90,000 | 30 Apr 2004 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 912 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 April 2016 the House Price Index for ESSEX was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £230,000 results in an estimated price of approximately £311,515.
8 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 148.6 | 35.442 % | £230,000 | £81,515 | £311,515 |
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 | -10.418 % | £-23,960 | £206,039 |
3 Month Average | 7.853 % | £18,060 | £248,060 |
6 Month Average | 25.449 % | £58,532 | £288,532 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £294,358 | £290,000 | 27 MEDWAY AVENUE |
23 Mar 2023 | £121,141 | £120,000 | 124 HUMBER ROAD |
17 Mar 2023 | £302,853 | £300,000 | 101 HUMBER ROAD |
3 Feb 2023 | £264,822 | £265,000 | 121 HUMBER ROAD |
31 Jan 2023 | £325,467 | £327,000 | 71 HUMBER ROAD |
This house has a floor area of 84 sq meters or 912 sq feet when measured on 28 Apr 2011. Using an estimated price of £311,516 means this house is valued at £3,673 per sq meter (£341 per sq foot).
The average size of a house on HUMBER ROAD is 79 sq meters (857 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Medway Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medway Avenue |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Medway Avenue |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Medway Avenue |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Medway Avenue |