£296,254
This estimated value is based upon the latest sale price for the house of £245,000 on 15 Jul 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 15 Jul 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 July 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £245,000 results in an estimated price of approximately £296,254.
| 15 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £245,000 | £51,254 | £296,254 |
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 | 24.895 % | £60,992 | £305,992 |
| 3 Month Average | -16.000 % | £-39,198 | £205,801 |
| 6 Month Average | -1.283 % | £-3,143 | £241,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £85,750 | £85,000 | 42 FOSTER COURT |
| 3 Mar 2023 | £174,141 | £172,500 | FLAT 28 WHITEHALL COURT NEWLAND STREET |
| 31 Jan 2023 | £184,133 | £185,000 | FLAT 14 WHITEHALL COURT NEWLAND STREET |
| 10 Jan 2023 | £89,578 | £90,000 | 30 FOSTER COURT |
| 8 Aug 2022 | £393,940 | £395,000 | 4 THE RETREAT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Newland Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Newland Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Newland Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newland Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newland Street |