£220,693
This estimated value is based upon the latest sale price for the house of £167,500 on 2 Nov 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£167,500 | 2 Nov 2016 |
£128,000 | 3 Dec 2014 |
£120,000 | 9 Nov 2007 |
£87,500 | 29 Aug 2003 |
£55,000 | 12 Apr 2001 |
£39,995 | 1 Oct 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 406 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 2016 the House Price Index for ESSEX was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £167,500 results in an estimated price of approximately £220,693.
2 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £167,500 | £53,193 | £220,693 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | -13.364 % | £-22,384 | £145,115 |
3 Month Average | -1.680 % | £-2,813 | £164,686 |
6 Month Average | 8.174 % | £13,691 | £181,191 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £100,883 | £100,000 | FLAT 4 43 MILL ROAD |
13 Mar 2023 | £196,855 | £195,000 | 33 CHURCH STREET |
20 Sep 2022 | £287,677 | £290,000 | 61 CHURCH STREET |
18 Jul 2022 | £421,134 | £420,000 | 44 MILL ROAD |
30 Mar 2022 | £362,692 | £350,000 | 6 CHURCH STREET |
This house has a floor area of 37 sq meters or 406 sq feet when measured on 27 May 2010. Using an estimated price of £220,694 means this house is valued at £5,838 per sq meter (£542 per sq foot).
The average size of a house on MILL ROAD is 68 sq meters (737 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Mary'S Lane |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near St Mary'S Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Street |