£217,491
This estimated value is based upon the latest sale price for the house of £119,995 on 4 Nov 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £119,995 | 4 Nov 2005 |
| £110,000 | 14 May 2004 |
| £72,000 | 5 Jul 2001 |
| £43,000 | 20 Apr 1998 |
| £35,000 | 30 Jun 1995 |
| 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 November 2005 the House Price Index for ESSEX was 82.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.250%.Applying this 81.250% change to the original purchase price of £119,995 results in an estimated price of approximately £217,491.
| 4 Nov 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 148.6 | 81.250 % | £119,995 | £97,496 | £217,491 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 74.705 % | £89,642 | £209,637 |
| 3 Month Average | 56.264 % | £67,513 | £187,508 |
| 6 Month Average | 78.887 % | £94,660 | £214,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £203,005 | £200,000 | 1 BROCKENHURST COURT REDWOOD CLOSE |
| 14 Sep 2023 | £339,339 | £335,000 | 16 REDWOOD CLOSE |
| 24 Jul 2023 | £192,592 | £190,000 | 5 SPRUCE AVENUE |
| 17 Jun 2022 | £268,799 | £265,000 | 299 HARWICH ROAD |
| 8 Apr 2022 | £242,003 | £235,000 | 3 SYCAMORE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Laburnum Grove |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Laburnum Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Aspen Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spruce Avenue |
| Mar 2024 | Other crime | Under investigation | On or near Spruce Avenue |