£242,872
This estimated value is based upon the latest sale price for the house of £200,000 on 8 Apr 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£200,000 | 8 Apr 2020 |
£140,000 | 23 Mar 2016 |
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 April 2020 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 21.436%.Applying this 21.436% change to the original purchase price of £200,000 results in an estimated price of approximately £242,872.
8 Apr 2020 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 147.0 | 21.436 % | £200,000 | £42,872 | £242,872 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 33.049 % | £66,097 | £266,097 |
3 Month Average | 40.503 % | £81,005 | £281,005 |
6 Month Average | 18.363 % | £36,726 | £236,726 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £181,267 | £182,500 | 91 INGLENOOK |
21 Aug 2023 | £208,581 | £210,000 | UNIT 9 BRUNEL ROAD |
5 May 2023 | £250,170 | £250,000 | 58 GORSE LANE |
2 May 2023 | £245,167 | £245,000 | 76 GORSE LANE |
23 Mar 2023 | £234,362 | £235,000 | 50 WOODLANDS CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Brunel Road |
Dec 2023 | Anti-social behaviour | On or near Brunel Road | |
Dec 2023 | Anti-social behaviour | On or near Brunel Road | |
Oct 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brunel Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorse Lane |