£265,199
This estimated value is based upon the latest sale price for the house of £91,000 on 7 May 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £91,000 | 7 May 2002 |
| £60,000 | 16 Jul 1999 |
| Terraced |
| 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 May 2002 the House Price Index for ESSEX was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £91,000 results in an estimated price of approximately £265,199.
| 7 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £91,000 | £174,199 | £265,199 |
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 | 234.313 % | £213,224 | £304,224 |
| 3 Month Average | 172.519 % | £156,991 | £247,991 |
| 6 Month Average | 163.911 % | £149,158 | £240,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £264,630 | £260,000 | 38 THOMAS BELL ROAD |
| 21 Sep 2023 | £268,432 | £265,000 | 6 THOMAS BELL ROAD |
| 31 Jul 2023 | £319,297 | £315,000 | 2 REUBEN WALK |
| 23 Jun 2023 | £60,396 | £59,664 | 77 THOMAS BELL ROAD |
| 16 Jun 2023 | £283,433 | £280,000 | 11 REUBEN WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Massingham Drive | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Massingham Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Lane Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willow Tree Way |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near The Castings |