£151,689
This estimated value is based upon the latest sale price for the house of £116,000 on 6 Oct 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £116,000 | 6 Oct 2016 |
| £127,500 | 5 Aug 2005 |
| £117,500 | 27 Aug 2004 |
| £98,000 | 20 Aug 2003 |
| £63,000 | 10 Jul 2002 |
| Terraced |
| 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 October 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.767%.Applying this 30.767% change to the original purchase price of £116,000 results in an estimated price of approximately £151,689.
| 6 Oct 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 146.7 | 30.767 % | £116,000 | £35,689 | £151,689 |
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 | 0.821 % | £952 | £116,952 |
| 3 Month Average | 24.687 % | £28,636 | £144,636 |
| 6 Month Average | 36.354 % | £42,170 | £158,170 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Local resolution | On or near St Ives Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Plane View Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Plane View Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cattermole Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cattermole Close |