£156,819
This estimated value is based upon the latest sale price for the house of £145,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£145,000 | 19 Nov 2021 |
£125,000 | 6 Nov 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £145,000 results in an estimated price of approximately £156,819.
19 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.6 | 8.151 % | £145,000 | £11,819 | £156,819 |
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 | -32.880 % | £-47,676 | £97,323 |
3 Month Average | -34.049 % | £-49,371 | £95,628 |
6 Month Average | -11.616 % | £-16,843 | £128,156 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £157,329 | £155,000 | 15 FOSTER COURT |
29 Sep 2023 | £91,166 | £90,000 | 33 FOSTER COURT |
15 Aug 2023 | £332,912 | £330,000 | 8 OLD MAGISTRATES COURT |
14 Aug 2023 | £85,750 | £85,000 | 42 FOSTER COURT |
28 Apr 2023 | £293,156 | £290,000 | 1 GROVE COTTAGES NEWLAND STREET |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 27 Nov 2014. Using an estimated price of £156,820 means this house is valued at £3,484 per sq meter (£323 per sq foot).
The average size of a house on NEWLAND STREET is 58 sq meters (627 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old Magistrates Court |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Avenue |
Feb 2024 | Anti-social behaviour | On or near Bevington Mews | |
Feb 2024 | Anti-social behaviour | On or near Bevington Mews | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bevington Mews |