£116,537
This estimated value is based upon the latest sale price for the house of £119,000 on 6 Sep 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £119,000 | 6 Sep 2022 |
| £91,000 | 7 Nov 2014 |
| £129,000 | 24 Oct 2006 |
| £36,000 | 24 Sep 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 September 2022 the House Price Index for ESSEX was 149.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.069%.Applying this -2.069% change to the original purchase price of £119,000 results in an estimated price of approximately £116,537.
| 6 Sep 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 146.7 | -2.069 % | £119,000 | £-2,462 | £116,537 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | -52.859 % | £-62,902 | £56,097 |
| 3 Month Average | -28.113 % | £-33,454 | £85,545 |
| 6 Month Average | -7.199 % | £-8,567 | £110,432 |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 19 Jun 2013.
The average size of a house on THE ESPLANADE is 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oxford Road |
| Dec 2023 | Public order | Under investigation | On or near Oxford Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near The Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Queen'S Road |