£750,755
This estimated value is based upon the latest sale price for the house of £600,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £600,000 | 29 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 195 sq meters or 2,098 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 September 2017 the House Price Index for ESSEX was 117.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.126%.Applying this 25.126% change to the original purchase price of £600,000 results in an estimated price of approximately £750,755.
| 29 Sep 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 146.7 | 25.126 % | £600,000 | £150,755 | £750,755 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | -19.299 % | £-115,796 | £484,203 |
| 3 Month Average | -1.204 % | £-7,221 | £592,778 |
| 6 Month Average | 11.125 % | £66,752 | £666,752 |
This house has a floor area of 195 sq meters or 2,098 sq feet when measured on 6 Apr 2017.
The average size of a house on CHITTS HILL is 160 sq meters (1,724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near King Coel Road |
| Mar 2024 | Other crime | Under investigation | On or near King Coel Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near King Coel Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near King Coel Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near King Coel Road |