£275,807
This estimated value is based upon the latest sale price for the house of £139,500 on 22 Jun 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £139,500 | 22 Jun 2004 |
| £75,000 | 20 Jul 2001 |
| £47,000 | 30 Jun 1995 |
| 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 June 2004 the House Price Index for ESSEX was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £139,500 results in an estimated price of approximately £275,807.
| 22 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £139,500 | £136,307 | £275,807 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 26.891 % | £37,513 | £177,013 |
| 3 Month Average | 73.703 % | £102,815 | £242,315 |
| 6 Month Average | 84.700 % | £118,156 | £257,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £744,012 | £735,000 | 78 THE STREET |
| 28 Apr 2023 | £156,687 | £155,000 | 40 HILLTOP CRESCENT |
| 11 May 2022 | £234,417 | £230,000 | 6 FIRST AVENUE |
| 17 Dec 2021 | £251,774 | £235,000 | 29 COLCHESTER ROAD |
| 17 Dec 2021 | £342,841 | £320,000 | 59 THE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hilltop Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Andrew'S Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Andrew'S Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Andrew'S Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near St Andrew'S Road |