£3,168,121
This estimated value is based upon the latest sale price for the house of £2,940,000 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £2,940,000 | 3 Sep 2021 |
| £2,340,000 | 7 Feb 2020 |
| 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £2,940,000 results in an estimated price of approximately £3,168,121.
| 3 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £2,940,000 | £228,121 | £3,168,121 |
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 | -40.736 % | £-1,197,646 | £1,742,353 |
| 3 Month Average | -35.874 % | £-1,054,705 | £1,885,294 |
| 6 Month Average | -7.789 % | £-228,998 | £2,711,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £811,647 | £804,000 | 11A MOSS ROAD |
| 15 Nov 2022 | £400,153 | £405,000 | 1 OLIVER PLACE |
| 8 Sep 2022 | £249,981 | £252,000 | 16 CHARLOTTE WAY |
| 19 Aug 2022 | £249,329 | £250,000 | 15 WAKELIN WAY |
| 19 Jul 2022 | £1,403,779 | £1,400,000 | R&Q HOUSE FREEBOURNES ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Perry Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barwell Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakelin Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakelin Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wakelin Way |