£162,088
This estimated value is based upon the latest sale price for the house of £120,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£120,000 | 31 Mar 2016 |
£102,995 | 1 Jun 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £120,000 results in an estimated price of approximately £162,088.
31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £120,000 | £42,088 | £162,088 |
The Postcode Pricing Model uses changes in average sales price within the CO2 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 | 37.607 % | £45,128 | £165,128 |
3 Month Average | 30.924 % | £37,108 | £157,108 |
6 Month Average | 32.996 % | £39,594 | £159,594 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £144,529 | £142,000 | 87 QUAYSIDE DRIVE |
20 Jul 2023 | £167,251 | £165,000 | 79 QUAYSIDE DRIVE |
30 Jun 2022 | £162,294 | £160,000 | 21 QUAYSIDE DRIVE |
17 Jun 2022 | £146,064 | £144,000 | 51 QUAYSIDE DRIVE |
13 May 2022 | £175,813 | £172,500 | 13 QUAYSIDE DRIVE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 8 Dec 2021. Using an estimated price of £162,089 means this house is valued at £3,376 per sq meter (£313 per sq foot).
The average size of a house on QUAYSIDE DRIVE is 54 sq meters (591 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Quayside Drive | |
Mar 2024 | Anti-social behaviour | On or near Quayside Drive | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Quayside Drive |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Quayside Drive |
Mar 2024 | Robbery | Under investigation | On or near Quayside Drive |