£148,029
This estimated value is based upon the latest sale price for the house of £120,000 on 3 Dec 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£120,000 | 3 Dec 2018 |
£120,000 | 13 Sep 2017 |
£55,000 | 23 Aug 2002 |
£55,000 | 10 Apr 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 77 sq meters or 828 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 December 2018 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £120,000 results in an estimated price of approximately £148,029.
3 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.358 % | £120,000 | £28,029 | £148,029 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 76.901 % | £92,280 | £212,280 |
3 Month Average | 26.993 % | £32,391 | £152,391 |
6 Month Average | 22.060 % | £26,472 | £146,472 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £169,829 | £168,000 | FLAT 18 OCEAN VIEW PRINCES ESPLANADE |
31 Mar 2023 | £252,378 | £250,000 | 2 EAGLE AVENUE |
17 Mar 2023 | £70,666 | £70,000 | FLAT 3 18 SAVILLE STREET |
17 Jan 2023 | £447,890 | £450,000 | TRINITY KINO ROAD |
12 Jul 2022 | £175,472 | £175,000 | FLAT 14 KINGS REACH STANDLEY ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 7 Jun 2021. Using an estimated price of £148,029 means this house is valued at £1,922 per sq meter (£178 per sq foot).
The average size of a house on PRINCES ESPLANADE is 74 sq meters (800 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kino Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kino Road |
Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Kino Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kino Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kino Road |