£241,246
This estimated value is based upon the latest sale price for the house of £238,000 on 21 Jul 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £238,000 | 21 Jul 2023 |
| 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 July 2023 the House Price Index for ESSEX was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £238,000 results in an estimated price of approximately £241,246.
| 21 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £238,000 | £3,246 | £241,246 |
The Postcode Pricing Model uses changes in average sales price within the CO8 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 | 105.882 % | £251,999 | £489,999 |
| 3 Month Average | -10.160 % | £-24,179 | £213,820 |
| 6 Month Average | -21.156 % | £-50,351 | £187,648 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £371,248 | £368,000 | 4 THE PADDOCKS |
| 21 Jul 2023 | £241,247 | £238,000 | 40 WATER LANE |
| 30 Jun 2023 | £274,323 | £271,000 | 24 WATER LANE |
| 17 Apr 2023 | £374,027 | £370,000 | 18 MALTINGS CLOSE |
| 30 Mar 2023 | £635,992 | £630,000 | 20A THE PADDOCKS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Station Hill | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Hamlet Court |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hamlet Court |
| Mar 2024 | Anti-social behaviour | On or near The Paddocks | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colne Road |