£262,287
This estimated value is based upon the latest sale price for the house of £197,000 on 22 Aug 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £197,000 | 22 Aug 2016 |
| 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 August 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £197,000 results in an estimated price of approximately £262,287.
| 22 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £197,000 | £65,287 | £262,287 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 33.754 % | £66,494 | £263,494 |
| 3 Month Average | 13.613 % | £26,818 | £223,818 |
| 6 Month Average | 34.745 % | £68,447 | £265,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £243,108 | £240,000 | 19 CLEVELAND CLOSE |
| 7 Aug 2023 | £224,464 | £222,500 | 32 CLEVELAND CLOSE |
| 28 Jul 2023 | £273,683 | £270,000 | 22 ALBRIGHTON CROFT |
| 30 Jun 2023 | £202,452 | £200,000 | 17 CLEVELAND CLOSE |
| 9 Mar 2023 | £122,979 | £121,820 | 49 CLEVELAND CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Awaiting court outcome | On or near Cotswold Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotswold Court |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cotswold Court |
| Jan 2024 | Drugs | Offender given a caution | On or near Berkley Close |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Cleveland Close |