£184,999
This estimated value is based upon the latest sale price for the house of £107,000 on 3 Jul 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £107,000 | 3 Jul 2006 |
| £99,000 | 9 Nov 2004 |
| £40,000 | 11 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2006 the House Price Index for ESSEX was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £107,000 results in an estimated price of approximately £184,999.
| 3 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £107,000 | £77,999 | £184,999 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 25.076 % | £26,831 | £133,831 |
| 3 Month Average | 35.957 % | £38,474 | £145,474 |
| 6 Month Average | 38.743 % | £41,454 | £148,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £195,419 | £192,000 | 3 FERNLEA ROAD |
| 14 Nov 2023 | £101,503 | £100,000 | FLAT 18 THE OLD SCHOOL APARTMENTS, 56 MAIN ROAD |
| 15 Sep 2023 | £174,228 | £172,000 | 20 STATION ROAD |
| 14 Sep 2023 | £160,046 | £158,000 | 21 STATION ROAD |
| 10 Mar 2023 | £141,332 | £140,000 | FLAT 11 THE OLD SCHOOL APARTMENTS, 56 MAIN ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 15 Jun 2020. Using an estimated price of £185,000 means this house is valued at £2,936 per sq meter (£272 per sq foot).
The average size of a house on FERNDALE ROAD is 94 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ferndale Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferndale Road |
| Mar 2024 | Anti-social behaviour | On or near Station Road | |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Station Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Albemarle Street |