£658,562
This estimated value is based upon the latest sale price for the house of £540,000 on 3 Jan 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £540,000 | 3 Jan 2019 |
| 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 January 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.956%.Applying this 21.956% change to the original purchase price of £540,000 results in an estimated price of approximately £658,562.
| 3 Jan 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.956 % | £540,000 | £118,562 | £658,562 |
The Postcode Pricing Model uses changes in average sales price within the CO6 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 | -31.306 % | £-169,054 | £370,945 |
| 3 Month Average | -12.102 % | £-65,353 | £474,646 |
| 6 Month Average | 7.085 % | £38,258 | £578,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jan 2024 | £355,000 | £355,000 | 7 DANBURY CLOSE |
| 7 Aug 2023 | £150,973 | £152,000 | FLAT 9 OLD RECTORY COURT STATION ROAD |
| 6 Mar 2023 | £147,598 | £148,000 | FLAT 10 OLD RECTORY COURT STATION ROAD |
| 4 Aug 2022 | £162,567 | £165,000 | FLAT 17 WINDMILL COURT LONDON ROAD |
| 12 Apr 2022 | £330,852 | £325,000 | 12 MAYBURY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near The Crescent |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Dobbies Lane |
| Nov 2023 | Anti-social behaviour | On or near Station Road | |
| Nov 2023 | Anti-social behaviour | On or near Station Road | |
| Nov 2023 | Anti-social behaviour | On or near Station Road |