£228,849
This estimated value is based upon the latest sale price for the house of £224,999 on 26 May 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £224,999 | 26 May 2023 |
| 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 May 2023 the House Price Index for ESSEX was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £224,999 results in an estimated price of approximately £228,849.
| 26 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £224,999 | £3,850 | £228,849 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 14.769 % | £33,230 | £258,229 |
| 3 Month Average | 11.017 % | £24,789 | £249,788 |
| 6 Month Average | 2.981 % | £6,706 | £231,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £119,919 | £120,000 | 10 CROWN LANE |
| 7 Jul 2022 | £156,421 | £156,000 | 5 VICTORIA STREET |
| 16 May 2022 | £167,659 | £164,500 | 31 VICTORIA STREET |
| 29 Mar 2022 | £155,439 | £150,000 | 145 HIGH STREET |
| 28 Mar 2022 | £202,071 | £195,000 | 13 VICTORIA STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Theatre/Concert Hall | |
| Feb 2024 | Anti-social behaviour | On or near Theatre/Concert Hall | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |