£215,646
This estimated value is based upon the latest sale price for the house of £175,000 on 15 Nov 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£175,000 | 15 Nov 2018 |
£137,000 | 30 Nov 2007 |
£130,000 | 23 Oct 2006 |
£64,500 | 8 Feb 2002 |
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 November 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £175,000 results in an estimated price of approximately £215,646.
15 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £175,000 | £40,646 | £215,646 |
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 | -0.259 % | £-453 | £174,546 |
3 Month Average | -9.231 % | £-16,155 | £158,844 |
6 Month Average | 3.970 % | £6,946 | £181,946 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £160,000 | £160,000 | FLAT 124 FRINTON LODGE THE ESPLANADE |
12 Sep 2023 | £683,742 | £675,000 | 12 CAMBRIDGE ROAD |
26 Jul 2023 | £709,550 | £700,000 | 23 RAGLAN ROAD |
3 Feb 2023 | £249,832 | £250,000 | FLAT 110 FRINTON LODGE THE ESPLANADE |
6 Sep 2022 | £118,047 | £119,000 | FLAT 106 FRINTON LODGE THE ESPLANADE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 25 Jun 2021. Using an estimated price of £215,646 means this house is valued at £4,588 per sq meter (£426 per sq foot).
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 |
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 |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Mary'S Road |
Feb 2024 | Possession of weapons | Local resolution | On or near St Mary'S Road |