£414,174
This estimated value is based upon the latest sale price for the house of £241,200 on 25 Feb 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £241,200 | 25 Feb 2011 |
| £192,500 | 2 Oct 2002 |
| £82,500 | 30 Aug 1995 |
| 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 February 2011 the House Price Index for ESSEX was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £241,200 results in an estimated price of approximately £414,174.
| 25 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £241,200 | £172,974 | £414,174 |
The Postcode Pricing Model uses changes in average sales price within the CO5 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 | 78.241 % | £188,717 | £429,917 |
| 3 Month Average | 64.434 % | £155,415 | £396,615 |
| 6 Month Average | 55.496 % | £133,856 | £375,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2022 | £268,232 | £267,510 | 16 RICHMOND ROAD |
| 22 Apr 2022 | £689,965 | £670,000 | 11 ALEXANDRA AVENUE |
| 20 Aug 2021 | £546,652 | £490,000 | 2 THE PADDOCK OAKWOOD AVENUE |
| 30 Jul 2021 | £476,945 | £415,000 | 2 RICHMOND ROAD |
| 23 Jul 2021 | £430,974 | £375,000 | 60 OAKWOOD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Empress Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Empress Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Empress Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Five Gables Chase |