£167,194
This estimated value is based upon the latest sale price for the house of £165,500 on 30 Jun 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £165,500 | 30 Jun 2022 |
| £144,000 | 1 Dec 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 June 2022 the House Price Index for ESSEX was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £165,500 results in an estimated price of approximately £167,194.
| 30 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.0 | 1.024 % | £165,500 | £1,694 | £167,194 |
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 | -43.731 % | £-72,374 | £93,125 |
| 3 Month Average | -13.993 % | £-23,158 | £142,341 |
| 6 Month Average | -12.765 % | £-21,126 | £144,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £231,880 | £230,000 | 15 NORTH HILL |
| 11 Apr 2023 | £122,410 | £121,500 | FLAT 16 WICKHAM HOUSE, 1 NORTHGATE STREET |
| 16 Mar 2023 | £140,761 | £140,000 | FLAT 12 WICKHAM HOUSE, 1 NORTHGATE STREET |
| 8 Aug 2022 | £129,128 | £130,000 | FLAT 5 WICKHAM HOUSE, 1 NORTHGATE STREET |
| 30 Jun 2022 | £167,195 | £165,500 | 7 ROMAN WALL SHORTCUT ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 25 Jun 2019. Using an estimated price of £167,195 means this house is valued at £2,612 per sq meter (£242 per sq foot).
The average size of a house on SHORTCUT ROAD is 58 sq meters (631 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Short Cut Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Short Cut Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Cut Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Cut Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Short Cut Road |