£579,901
This estimated value is based upon the latest sale price for the house of £419,000 on 4 Dec 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £419,000 | 4 Dec 2015 |
| £335,000 | 22 Dec 2011 |
| 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 December 2015 the House Price Index for ESSEX was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £419,000 results in an estimated price of approximately £579,901.
| 4 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £419,000 | £160,901 | £579,901 |
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 | 68.884 % | £288,625 | £707,625 |
| 3 Month Average | 36.100 % | £151,260 | £570,260 |
| 6 Month Average | 22.018 % | £92,255 | £511,255 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £400,116 | £395,000 | 6 MONARCH LANE |
| 14 Sep 2023 | £184,864 | £182,500 | 11 RAMPARTS CLOSE |
| 22 Aug 2023 | £373,265 | £370,000 | OAKHAM CHILTON CLOSE |
| 24 Oct 2022 | £420,473 | £425,000 | 16 BRAEBURN ROAD |
| 15 Jul 2022 | £701,889 | £700,000 | 17 JONAGOLD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Spartan Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spartan Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chilton Close |
| Feb 2024 | Anti-social behaviour | On or near Malvern Way | |
| Feb 2024 | Anti-social behaviour | On or near Malvern Way |