£192,247
This estimated value is based upon the latest sale price for the house of £38,500 on 4 Sep 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £38,500 | 4 Sep 1997 |
| 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 September 1997 the House Price Index for ESSEX was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £38,500 results in an estimated price of approximately £192,247.
| 4 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 148.6 | 399.345 % | £38,500 | £153,747 | £192,247 |
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 | 380.692 % | £146,566 | £185,066 |
| 3 Month Average | 405.840 % | £156,248 | £194,748 |
| 6 Month Average | 411.285 % | £158,344 | £196,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £235,000 | £235,000 | 31 THIRD AVENUE |
| 1 Sep 2023 | £238,044 | £235,000 | 8 LANGLEY CLOSE |
| 26 Jan 2023 | £263,758 | £265,000 | 78 LEE ROAD |
| 16 Nov 2022 | £239,598 | £242,500 | 25 ELMHURST ROAD |
| 30 Aug 2022 | £249,329 | £250,000 | 72 LEE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Third Avenue |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Third Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Third Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |