£68,489
This estimated value is based upon the latest sale price for the house of £13,000 on 29 Jan 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £13,000 | 29 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 January 1997 the House Price Index for ESSEX was 27.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 426.844%.Applying this 426.844% change to the original purchase price of £13,000 results in an estimated price of approximately £68,489.
| 29 Jan 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 146.7 | 426.844 % | £13,000 | £55,489 | £68,489 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 394.513 % | £51,286 | £64,286 |
| 3 Month Average | 394.531 % | £51,289 | £64,289 |
| 6 Month Average | 406.153 % | £52,799 | £65,799 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 20 Aug 2021.
The average size of a house on VICTORIA STREET is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Victoria Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Street |
| Mar 2024 | Anti-social behaviour | On or near Crown Lane | |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Crown Lane |