£605,709
This estimated value is based upon the latest sale price for the house of £415,000 on 22 May 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£415,000 | 22 May 2015 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 May 2015 the House Price Index for ESSEX was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £415,000 results in an estimated price of approximately £605,709.
22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £415,000 | £190,709 | £605,709 |
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 | 0.553 % | £2,294 | £417,294 |
3 Month Average | 8.356 % | £34,675 | £449,675 |
6 Month Average | 35.708 % | £148,188 | £563,188 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £168,150 | £166,000 | FLAT 5 LIME TREE PLACE, 8 COLLINGWOOD ROAD |
16 Jun 2023 | £187,268 | £185,000 | FLAT 60 LIME TREE PLACE, 8 COLLINGWOOD ROAD |
18 Nov 2022 | £217,367 | £220,000 | 8 THE COURTYARD |
11 Nov 2022 | £180,810 | £183,000 | FLAT 86 LIME TREE PLACE, 8 COLLINGWOOD ROAD |
4 Jul 2022 | £155,418 | £155,000 | FLAT 23 PENHALIGON COURT GUITHAVON STREET |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 5 May 2015. Using an estimated price of £605,709 means this house is valued at £4,884 per sq meter (£453 per sq foot).
The average size of a house on COLLINGWOOD ROAD is 56 sq meters (611 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |