£351,209
This estimated value is based upon the latest sale price for the house of £240,000 on 2 Apr 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 2 Apr 2015 |
| £465,000 | 2 Apr 2015 |
| 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 April 2015 the House Price Index for ESSEX was 101.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 46.337%.Applying this 46.337% change to the original purchase price of £240,000 results in an estimated price of approximately £351,209.
| 2 Apr 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.0 | 46.337 % | £240,000 | £111,209 | £351,209 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 61.804 % | £148,329 | £388,329 |
| 3 Month Average | 19.395 % | £46,548 | £286,548 |
| 6 Month Average | 40.110 % | £96,264 | £336,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £835,813 | £820,000 | UNIT 16 CRITTALL ROAD |
| 22 Nov 2023 | £184,873 | £182,500 | 57 ELDERBERRY GARDENS |
| 25 Aug 2023 | £276,683 | £275,000 | 30 ELDERBERRY GARDENS |
| 3 Apr 2023 | £325,570 | £323,150 | 4 ACACIA GARDENS |
| 27 Jul 2022 | £1,048,583 | £1,050,000 | 19 CRITTALL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Motts Lane |
| Apr 2024 | Anti-social behaviour | On or near Mulberry Gardens | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mulberry Gardens |
| Jan 2024 | Burglary | Under investigation | On or near Mulberry Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mulberry Gardens |