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 June 2006 the House Price Index for ESSEX was 85.6.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 71.436%.

Applying this 71.436% change to the original purchase price of £242,500 results in an estimated price of approximately £415,731.

The Postcode Pricing Model uses changes in average sales price within the CO1 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

GEMSTONE MORTGAGES LTD

36 North Hill Colchester Essex United Kingdom CO1 1QR

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CAPITAL MARKETS INTELLIGENCE LTD

35 North Hill Colchester England CO1 1QR

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PIRATES & PRINCESSES LIMITED

37 North Hill Colchester Essex CO1 1QR

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GEMSTONE COMMERCIAL LIMITED

36 North Hill Colchester Essex United Kingdom CO1 1QR

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ALFIE ALLEN LIMITED

38 North Hill Colchester England CO1 1QR

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29 North Hill, CO1 1EG

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29 NORTH HILL, CO1 1EG

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29 North Hill, CO1 1EG

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Mrs Joanna Tobin

29 North Hill, CO1 1EG

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29 North Hill, CO1 1EG

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