£114,702
This estimated value is based upon the latest sale price for the house of £68,500 on 10 May 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £68,500 | 10 May 2010 |
| £51,000 | 8 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 sq feet |
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 2010 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.450%.Applying this 67.450% change to the original purchase price of £68,500 results in an estimated price of approximately £114,702.
| 10 May 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 146.7 | 67.450 % | £68,500 | £46,202 | £114,702 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 136.968 % | £93,823 | £162,323 |
| 3 Month Average | 50.317 % | £34,467 | £102,967 |
| 6 Month Average | 54.681 % | £37,456 | £105,956 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 14 Jul 2021.
The average size of a house on GROOM PARK is 70 sq meters (763 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Groom Park |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Groom Park |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Groom Park |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Groom Park |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Groom Park |