£783,231
This estimated value is based upon the latest sale price for the house of £625,000 on 26 Mar 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £625,000 | 26 Mar 2018 |
| Detached |
| Freehold |
| Floor Area: 295 sq meters or 3,175 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 2018 the House Price Index for ESSEX was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £625,000 results in an estimated price of approximately £783,231.
| 26 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £625,000 | £158,231 | £783,231 |
The Postcode Pricing Model uses changes in average sales price within the CO8 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 | -24.324 % | £-152,027 | £472,972 |
| 3 Month Average | 18.621 % | £116,381 | £741,381 |
| 6 Month Average | -22.071 % | £-137,946 | £487,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £371,248 | £368,000 | 4 THE PADDOCKS |
| 21 Jul 2023 | £241,247 | £238,000 | 40 WATER LANE |
| 30 Jun 2023 | £274,323 | £271,000 | 24 WATER LANE |
| 17 Apr 2023 | £374,027 | £370,000 | 18 MALTINGS CLOSE |
| 30 Mar 2023 | £635,992 | £630,000 | 20A THE PADDOCKS |
This house has a floor area of 295 sq meters or 3,175 sq feet when measured on 7 Nov 2013. Using an estimated price of £783,231 means this house is valued at £2,655 per sq meter (£246 per sq foot).
The average size of a house on LAMARSH HILL is 211 sq meters (2,277 sq feet).
This house is the largest in the street with a floor area of 295 sq meters (3,175 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Station Hill | |
| Mar 2024 | Anti-social behaviour | On or near The Paddocks | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Hamlet Court |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hamlet Court |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colne Road |