£290,390
This estimated value is based upon the latest sale price for the house of £290,000 on 13 Dec 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £290,000 | 13 Dec 2022 |
| £220,000 | 4 Oct 2019 |
| £67,500 | 12 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 December 2022 the House Price Index for ESSEX was 148.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.135%.Applying this 0.135% change to the original purchase price of £290,000 results in an estimated price of approximately £290,390.
| 13 Dec 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 148.6 | 0.135 % | £290,000 | £390 | £290,390 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | -4.347 % | £-12,605 | £277,394 |
| 3 Month Average | -13.854 % | £-40,175 | £249,824 |
| 6 Month Average | -16.606 % | £-48,156 | £241,843 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £250,000 | £250,000 | 15 FELIXSTOWE CLOSE |
| 30 Jun 2023 | £227,759 | £225,000 | 12 SHOTLEY CLOSE |
| 24 Mar 2023 | £297,806 | £295,000 | 20 SHOTLEY CLOSE |
| 19 Apr 2022 | £288,344 | £280,000 | 14 FELIXSTOWE CLOSE |
| 14 Apr 2022 | £308,940 | £300,000 | 32 BAWDSEY CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 27 May 2019.
The average size of a house on SHOTLEY CLOSE is 74 sq meters (800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shotley Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Stokeash Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ongar Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Writtle Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mendlesham Close |