£270,378
This estimated value is based upon the latest sale price for the house of £250,000 on 11 Nov 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 11 Nov 2021 |
| £142,000 | 28 Feb 2006 |
| £72,000 | 19 Apr 2001 |
| £56,000 | 1 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £250,000 results in an estimated price of approximately £270,378.
| 11 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £250,000 | £20,378 | £270,378 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 14.456 % | £36,140 | £286,140 |
| 3 Month Average | -13.399 % | £-33,497 | £216,502 |
| 6 Month Average | 0.805 % | £2,012 | £252,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £305,342 | £300,000 | 3 HUGH DICKSON ROAD |
| 21 Sep 2023 | £286,159 | £282,500 | 19 THREE CROWNS ROAD |
| 2 Jun 2023 | £296,593 | £293,000 | 29 THREE CROWNS ROAD |
| 28 Apr 2023 | £318,429 | £315,000 | 52 BERGHOLT ROAD |
| 27 Jan 2023 | £241,363 | £242,500 | 68 BERGHOLT ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 16 Jul 2021. Using an estimated price of £270,378 means this house is valued at £4,506 per sq meter (£418 per sq foot).
The average size of a house on BERGHOLT ROAD is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Longacre |