£433,236
This estimated value is based upon the latest sale price for the house of £214,995 on 14 May 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £214,995 | 14 May 2004 |
| £150,000 | 4 May 2001 |
| £102,000 | 9 Jul 1998 |
| Detached |
| Freehold |
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 2004 the House Price Index for ESSEX was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £214,995 results in an estimated price of approximately £433,236.
| 14 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £214,995 | £218,241 | £433,236 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 92.097 % | £198,003 | £412,998 |
| 3 Month Average | 69.570 % | £149,572 | £364,567 |
| 6 Month Average | 92.579 % | £199,039 | £414,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £350,000 | £350,000 | 38 ASQUITH DRIVE |
| 1 Nov 2023 | £322,779 | £318,000 | 5 REGENTS CLOSE |
| 31 Aug 2023 | £242,118 | £240,000 | 8 REGENTS CLOSE |
| 3 Aug 2022 | £483,698 | £485,000 | 3 ASQUITH DRIVE |
| 24 Jun 2022 | £273,870 | £270,000 | 3 REGENTS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Asquith Drive |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Asquith Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Asquith Drive |
| Mar 2024 | Anti-social behaviour | On or near Gordon Drive | |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Gordon Drive |