£497,941
This estimated value is based upon the latest sale price for the house of £309,995 on 3 Apr 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £309,995 | 3 Apr 2007 |
| 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 April 2007 the House Price Index for ESSEX was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £309,995 results in an estimated price of approximately £497,941.
| 3 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £309,995 | £187,946 | £497,941 |
The Postcode Pricing Model uses changes in average sales price within the CO5 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 | 93.132 % | £288,703 | £598,698 |
| 3 Month Average | 74.157 % | £229,883 | £539,878 |
| 6 Month Average | 68.745 % | £213,105 | £523,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £318,000 | £318,000 | 22 GORSE LANE |
| 25 Aug 2023 | £171,500 | £170,000 | 2 THE ANCHORAGE, 11 STATION ROAD |
| 28 Apr 2023 | £470,061 | £465,000 | 9 GORSE LANE |
| 15 Sep 2022 | £302,557 | £305,000 | 14 GORSE LANE |
| 31 Aug 2022 | £391,446 | £392,500 | 5 CORIANDER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Station Road |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Station Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |