£484,415
This estimated value is based upon the latest sale price for the house of £165,000 on 3 May 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£165,000 | 3 May 2002 |
Flats/Maisonettes |
Leasehold |
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 2002 the House Price Index for ESSEX was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £165,000 results in an estimated price of approximately £484,415.
3 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 149.7 | 193.585 % | £165,000 | £319,415 | £484,415 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 75.472 % | £124,528 | £289,528 |
3 Month Average | 153.286 % | £252,922 | £417,922 |
6 Month Average | 149.608 % | £246,853 | £411,853 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2022 | £484,264 | £482,000 | 15 KELVIN COURT FOURTH AVENUE |
29 Jul 2022 | £247,480 | £245,000 | FLAT 1 THE GRAND, 6 THE ESPLANADE |
11 May 2022 | £138,611 | £135,000 | 12 FRINTON COURT THE ESPLANADE |
19 Nov 2021 | £247,321 | £227,000 | 19 FRINTON COURT THE ESPLANADE |
29 Sep 2021 | £521,073 | £480,000 | 12 KELVIN COURT FOURTH AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Second Avenue | |
Apr 2024 | Anti-social behaviour | On or near Second Avenue | |
Apr 2024 | Anti-social behaviour | On or near Second Avenue | |
Jul 2024 | Vehicle crime | Under investigation | On or near Fourth Avenue |