£297,805
This estimated value is based upon the latest sale price for the house of £295,000 on 24 Mar 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £295,000 | 24 Mar 2023 |
| £71,000 | 27 Jun 1996 |
| 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 March 2023 the House Price Index for ESSEX was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £295,000 results in an estimated price of approximately £297,805.
| 24 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £295,000 | £2,805 | £297,805 |
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 | -3.926 % | £-11,581 | £283,418 |
| 3 Month Average | -1.512 % | £-4,460 | £290,539 |
| 6 Month Average | -8.898 % | £-26,248 | £268,751 |
| 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 |
| 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 |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Writtle Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Writtle Close |