£337,956
This estimated value is based upon the latest sale price for the house of £335,000 on 11 Aug 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £335,000 | 11 Aug 2023 |
| £265,000 | 20 Jul 2022 |
| Semi-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 August 2023 the House Price Index for ESSEX was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £335,000 results in an estimated price of approximately £337,956.
| 11 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £335,000 | £2,956 | £337,956 |
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 | -1.633 % | £-5,471 | £329,528 |
| 3 Month Average | -3.557 % | £-11,916 | £323,083 |
| 6 Month Average | -14.497 % | £-48,566 | £286,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £337,957 | £335,000 | 3 FORDHAM ROAD |
| 29 Sep 2022 | £892,790 | £900,000 | VICTORIA HOUSE MAIN ROAD |
| 1 Sep 2022 | £709,272 | £715,000 | 3 BOWDENS LANE |
| 22 Jul 2022 | £300,810 | £300,000 | 4 FORDHAM ROAD |
| 15 Jul 2022 | £411,107 | £410,000 | 9 LONDON LAND COTTAGES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Fordham Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Holly Oaks |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Robletts Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Main Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Thrift Lane |