£248,641
This estimated value is based upon the latest sale price for the house of £146,725 on 23 Aug 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£146,725 | 23 Aug 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 August 2010 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £146,725 results in an estimated price of approximately £248,641.
23 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.461 % | £146,725 | £101,916 | £248,641 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 129.702 % | £190,305 | £337,030 |
3 Month Average | 53.440 % | £78,409 | £225,134 |
6 Month Average | 58.568 % | £85,933 | £232,658 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £356,233 | £350,000 | 15 EDITH ROAD |
1 Aug 2023 | £131,147 | £130,000 | FLAT 26 WESTCLIFF COURT EDITH ROAD |
17 Mar 2023 | £166,569 | £165,000 | 3 WORCESTER COURT MARINE PARADE WEST |
6 Feb 2023 | £57,461 | £57,500 | FLAT 37 WESTCLIFF COURT EDITH ROAD |
10 Jan 2023 | £144,320 | £145,000 | FLAT 31 WESTCLIFF COURT EDITH ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 15 May 2020. Using an estimated price of £248,642 means this house is valued at £4,010 per sq meter (£372 per sq foot).
The average size of a house on MARINE PARADE WEST is 66 sq meters (717 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Local resolution | On or near Penfold Road |
Dec 2023 | Drugs | Awaiting court outcome | On or near Penfold Road |