£305,520
This estimated value is based upon the latest sale price for the house of £181,000 on 15 Feb 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Lowe Chase
More crime details
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| Price Paid | Date |
|---|---|
| £181,000 | 15 Feb 2013 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 833 sq feet |
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 February 2013 the House Price Index for ESSEX was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £181,000 results in an estimated price of approximately £305,520.
| 15 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £181,000 | £124,520 | £305,520 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 115.348 % | £208,779 | £389,779 |
| 3 Month Average | 98.478 % | £178,244 | £359,244 |
| 6 Month Average | 76.770 % | £138,953 | £319,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Mar 2023 | £277,615 | £275,000 | 28 WADE REACH |
| 20 Feb 2023 | £324,781 | £325,000 | 17 LOWES CHASE |
| 21 Jul 2022 | £259,699 | £259,000 | 3 THE RIDGE |
| 12 Nov 2021 | £356,900 | £330,000 | 25 WADE REACH |
| 1 Nov 2021 | £186,561 | £172,500 | 35 WADE REACH |
This house has a floor area of 77 sq meters or 833 sq feet when measured on 15 Sep 2010. Using an estimated price of £305,520 means this house is valued at £3,946 per sq meter (£366 per sq foot).
The average size of a house on WADE REACH is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lowe Chase |
| Mar 2024 | Other crime | Further action is not in the public interest | On or near B1034 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near B1034 |