£180,217
This estimated value is based upon the latest sale price for the house of £32,000 on 15 Nov 1995. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £32,000 | 15 Nov 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 1995 the House Price Index for ESSEX was 26.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 463.180%.Applying this 463.180% change to the original purchase price of £32,000 results in an estimated price of approximately £180,217.
| 15 Nov 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.0 | 146.7 | 463.180 % | £32,000 | £148,217 | £180,217 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 8076.062 % | £2,584,339 | £2,616,339 |
| 3 Month Average | 454.848 % | £145,551 | £177,551 |
| 6 Month Average | 437.762 % | £140,083 | £172,083 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 14 Jun 2016.
The average size of a house on NEW TOWN ROAD is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near New Town Road |
| Feb 2024 | Anti-social behaviour | On or near New Town Road | |
| Feb 2024 | Anti-social behaviour | On or near New Town Road | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Town Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near New Town Road |