£185,503
This estimated value is based upon the latest sale price for the house of £122,500 on 8 Aug 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £122,500 | 8 Aug 2014 |
| £108,700 | 30 Apr 2012 |
| £119,000 | 24 May 2010 |
| £95,000 | 22 Sep 2006 |
| £17,325 | 10 Jul 2000 |
| Flats/Maisonettes |
| Leasehold |
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 2014 the House Price Index for ESSEX was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £122,500 results in an estimated price of approximately £185,503.
| 8 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £122,500 | £63,003 | £185,503 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 67.828 % | £83,089 | £205,589 |
| 3 Month Average | 41.011 % | £50,238 | £172,738 |
| 6 Month Average | 51.499 % | £63,086 | £185,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £374,792 | £370,000 | 101 COLCHESTER ROAD |
| 1 Sep 2023 | £395,051 | £390,000 | 105 LONG ROAD |
| 31 Jul 2023 | £344,638 | £340,000 | 154 COLCHESTER ROAD |
| 16 Jun 2023 | £271,286 | £268,000 | 202 COLCHESTER ROAD |
| 15 Mar 2023 | £625,897 | £620,000 | 107 LONG ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Merivale Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Waldegrave Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Waldegrave Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Nichols Close |
| Feb 2024 | Anti-social behaviour | On or near Merivale Close |