£963,814
This estimated value is based upon the latest sale price for the house of £562,000 on 19 Nov 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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65 High Street, Epping, CM16 4BA
Phone: 01992800235
| Price Paid | Date |
|---|---|
| £562,000 | 19 Nov 2010 |
| Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 2010 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £562,000 results in an estimated price of approximately £963,814.
| 19 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £562,000 | £401,814 | £963,814 |
The Postcode Pricing Model uses changes in average sales price within the CM16 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 | 71.254 % | £400,449 | £962,449 |
| 3 Month Average | 62.807 % | £352,977 | £914,977 |
| 6 Month Average | 55.926 % | £314,303 | £876,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £776,496 | £765,000 | 14A TOWER ROAD |
| 8 Jun 2023 | £399,843 | £395,000 | 1 REVIVAL COURT HALF MOON LANE |
| 13 Sep 2022 | £952,310 | £960,000 | 94 HEMNALL STREET |
| 2 Sep 2022 | £974,630 | £982,500 | 7 BEECH PLACE |
| 28 Jun 2022 | £824,147 | £812,500 | 10 HIGH STREET |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 30 Jul 2020. Using an estimated price of £963,815 means this house is valued at £5,539 per sq meter (£514 per sq foot).
The average size of a house on HEMNALL STREET is 90 sq meters (973 sq feet).