£218,189
This estimated value is based upon the latest sale price for the house of £125,000 on 22 May 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£125,000 | 22 May 2006 |
£60,000 | 1 Jul 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 775 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 May 2006 the House Price Index for ESSEX was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £125,000 results in an estimated price of approximately £218,189.
22 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 148.6 | 74.552 % | £125,000 | £93,189 | £218,189 |
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 | 58.771 % | £73,463 | £198,463 |
3 Month Average | 48.167 % | £60,208 | £185,208 |
6 Month Average | 51.500 % | £64,374 | £189,374 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £169,974 | £167,000 | FLAT 12 ROSE BANK COURT MARINE PARADE EAST |
8 Sep 2023 | £70,907 | £70,000 | 14C CHURCH ROAD |
8 Sep 2023 | £177,267 | £175,000 | FLAT 11 ROSE BANK COURT MARINE PARADE EAST |
23 Jun 2023 | £129,569 | £128,000 | FLAT 2 SURREY COURT, 1 HAROLD ROAD |
7 Oct 2022 | £346,272 | £350,000 | 5 CHURCH ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 8 Mar 2014. Using an estimated price of £218,190 means this house is valued at £3,030 per sq meter (£281 per sq foot).
The average size of a house on MARINE PARADE EAST is 75 sq meters (808 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Church Crescent |
Mar 2024 | Other theft | Under investigation | On or near Church Crescent |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Crescent |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Church Crescent |
Feb 2024 | Drugs | Awaiting court outcome | On or near Anglefield |