£262,270
This estimated value is based upon the latest sale price for the house of £148,500 on 3 Mar 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £148,500 | 3 Mar 2006 |
| £53,250 | 27 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 March 2006 the House Price Index for ESSEX was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £148,500 results in an estimated price of approximately £262,270.
| 3 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.6 | 76.613 % | £148,500 | £113,770 | £262,270 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 45.402 % | £67,421 | £215,921 |
| 3 Month Average | 39.693 % | £58,944 | £207,444 |
| 6 Month Average | 68.573 % | £101,831 | £250,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Nov 2022 | £271,709 | £275,000 | 25 HUMBER ROAD |
| 8 Nov 2022 | £296,410 | £300,000 | 1 TAMAR AVENUE |
| 7 Oct 2022 | £168,189 | £170,000 | 5 HUMBER ROAD |
| 27 May 2022 | £331,241 | £325,000 | 2 HAMBLE CLOSE |
| 22 Apr 2022 | £339,834 | £330,000 | 9 DEBEN CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 28 Aug 2013. Using an estimated price of £262,270 means this house is valued at £2,703 per sq meter (£251 per sq foot).
The average size of a house on COLNE CHASE is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Colne Chase |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colne Chase |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Brent Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Tamar Avenue |