£179,401
This estimated value is based upon the latest sale price for the house of £108,000 on 23 Jul 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Templemead
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| Price Paid | Date |
|---|---|
| £108,000 | 23 Jul 2013 |
| £90,000 | 3 Oct 2003 |
| £88,000 | 9 Sep 2002 |
| £60,000 | 26 Jan 2001 |
| £41,500 | 17 Jul 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 July 2013 the House Price Index for ESSEX was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £108,000 results in an estimated price of approximately £179,401.
| 23 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £108,000 | £71,401 | £179,401 |
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 | 39.355 % | £42,503 | £150,503 |
| 3 Month Average | 26.565 % | £28,690 | £136,690 |
| 6 Month Average | 61.705 % | £66,641 | £174,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £145,038 | £142,500 | FLAT 19 CROXALL COURT ARMOND ROAD |
| 7 Jul 2023 | £177,387 | £175,000 | FLAT 26 HAMILTON COURT TEMPLEMEAD |
| 6 Feb 2023 | £407,726 | £408,000 | 2 BRAINTREE ROAD |
| 31 Aug 2022 | £189,490 | £190,000 | FLAT 47 HAMILTON COURT TEMPLEMEAD |
| 16 Aug 2022 | £154,584 | £155,000 | FLAT 32 HAMILTON COURT TEMPLEMEAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 20 Feb 2020. Using an estimated price of £179,401 means this house is valued at £3,661 per sq meter (£340 per sq foot).
The average size of a house on TEMPLEMEAD is 44 sq meters (479 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Templemead |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Templemead |
| Feb 2024 | Burglary | Under investigation | On or near Templemead |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Templemead |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Templemead |