5 PARK DRIVE

£669,868

Full Address

5 PARK DRIVE
TIPTREE
COLCHESTER
ESSEX
UNITED KINGDOM
CO5 0GW

Estimated Market Value

£669,868

This estimated value is based upon the latest sale price for the house of £395,000 on 25 Jun 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1

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Transactions for this house
Price PaidDate
£395,00025 Jun 2010
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 2010 the House Price Index for ESSEX was 87.6.

The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.

Applying this 69.587% change to the original purchase price of £395,000 results in an estimated price of approximately £669,868.

25 Jun 2010 1 Mar 2024 % change Purchase Price Gain / Loss Estimated Price
87.6 148.6 69.587 % £395,000 £274,868 £669,868

The Postcode Pricing Model uses changes in average sales price within the CO5 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 90.026 % £355,601 £750,601
3 Month Average 78.159 % £308,729 £703,729
6 Month Average 71.679 % £283,130 £678,130
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
11 Dec 2023 £381,678 £375,000 19 BIRCHWOOD CLOSE
30 Nov 2023 £331,914 £327,000 6 BIRCHWOOD CLOSE
18 Aug 2023 £347,036 £344,000 3 BIRCHWOOD WAY
17 Jul 2023 £359,843 £355,000 7 BIRCHWOOD CLOSE
27 Apr 2023 £394,245 £390,000 180 GROVE ROAD

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Dec 2023 Criminal damage and arson Investigation complete; no suspect identified On or near Birchwood Way
Jan 2024 Violence and sexual offences Unable to prosecute suspect On or near Birchwood Close
Dec 2023 Other theft Investigation complete; no suspect identified On or near Shelley Avenue
Feb 2024 Public order Unable to prosecute suspect On or near Powell Close
Dec 2023 Criminal damage and arson Unable to prosecute suspect On or near Woodview

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Companies Near Here
ESSEX PROPERTY PORTFOLIO LIMITED
11 Park Drive Tiptree Essex CO5 0GW
THE SCENT SCENE COMPANY LTD
17 Park Drive Tiptree Colchester United Kingdom CO5 0GW
G. C. W. ASSOCIATES LIMITED
17 PARK DRIVE TIPTREE COLCHESTER CO5 0GW
SPH BUSINESS SOLUTIONS LIMITED
17 Park Drive Tiptree Colchester CO5 0GW
ASHBLOO LIMITED
17 Park Drive Tiptree Colchester CO5 0GW

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People Near Here
Mr Richard David Thomas
11 Park Drive, CO5 0GW
Mrs Margaret Lilian Cobb
3 Silverthorn Close, Tiptree, CO5 0GZ
Mrs Tracey Ann Price
17 Birchwood Way, Tiptree, CO5 0JR
Miss Bethany Scotchford Historic Information
14 Park Drive, Tiptree, CO5 0GW
Mr John James Price
17 Birchwood Way, Tiptree, CO5 0JR
MR ANDREW FRANK STAPLES Historic Information MUSICIAN
10 BLENHEIM WAY, CO5 0JX
WENDY SALTMARSH
214 GROVE ROAD, CO5 0JB
Essex Property Portfolio Limited Historic Information
11 Park Drive, Tiptree, CO5 0GW
Mrs Penelope Anne Laskey Historic Information
180 Grove Road, Tiptree, CO5 0JB
Mr Lee Colin Hickford
185 Grove Road, Tiptree, CO5 0JB
EDWARD ALFRED CARTER Historic Information MANAGER
189 GROVE ROAD, TIPTREE, CO5 0JB
RICHARD DAVID THOMAS SYSTEMS ARCHITECT
11 PARK DRIVE, CO5 0GW
Mr John Coyle
9 Park Drive, CO5 0GW
Mr Jonathan Michael Cobb
3 Silverthorn Close, Tiptree, CO5 0GZ
Mr Gregory Glen Laskey Historic Information
180 Grove Road, Tiptree, CO5 0JB
Margaret THEOBALD Director Of Engineering Consultancy
59 Newbridge Road, Tiptree, CO5 0HZ
Gunda Marie THOMAS Company Administrator
11 Park Drive, CO5 0GW
Mr Nigel David Herman Historic Information
17 Park Drive, Tiptree, CO5 0GW
MR GEORGE JARVIS Historic Information PLANT HIRE
OMISHAM NEWBRIDGE ROAD, TIPTREE, CO5 0HZ
Mrs Natalie Jasper
195 Grove Road, Tiptree, CO5 0JB
Mrs Rachel Jane Hickford
185 Grove Road, Tiptree, CO5 0JB
MICHAEL HOWARD WHITNELL Historic Information MOBILE MECHANIC
3 BLENHEIM WAY, TIPTREE, CO5 0JX
Mr Nigel John Jarvis
Omisham Newbridge Road, Tiptree, CO5 0HZ
MR Richard James OWER
12 Park Drive, CO5 0GW
MR TERENCE CHARLES SALTMARSH COMPANY DIRECTOR
214 GROVE ROAD, TIPTREE, CO5 0JB
MS Claire Louise CHAPMAN
Gaywood Newbridge Road Tiptree, CO5 0HZ
Mr Nathan Luke Buckland
Stable View Newbridge Road, Tiptree, CO5 0HZ
MR ALEXANDER CHARLES BECK HANSEN-SPURR ARBORIST
7 CHURCHILL ROAD, TIPTREE, CO5 0HT
Mr Christopher Hagon
5 Birchwood Way Tiptree, CO5 0JR
MR CHRISTOPHER JOHN NOLSON MANAGING DIRECTOR
2 BLENHEIM WAY, CO5 0JX
MR JULIAN MATTHEW IRBY Historic Information COMPANY DIRECTOR
76 NEWBRIDGE ROAD, TIPTREE, CO5 0HZ
Mrs Carole Lesley Hull Historic Information
17 Park Drive, Tiptree, CO5 0GW
Mrs Julie Dorothy Whitnell
3 Blenheim Way, CO5 0JX
Mrs Martina Coyle
9 Park Drive, CO5 0GW
MR STEVEN TAYLOR TEACHER
14 PARK DRIVE, TIPTREE, CO5 0GW
Mrs Portia Erica Shadwell
10 Park Drive, Tiptree, CO5 0GW
PENELOPE LASKEY
180 GROVE ROAD, CO5 0JB
MALCOLM BRYAN BELL Historic Information COMPANY DIRECTOR
46 NEWBRIDGE ROAD, CO5 0HX
Mr Brian Chapman Historic Information
Gaywood Newbridge Road, Tiptree, CO5 0HZ
Mr Colin John Bellew
16 Birchwood Close Birchwood Close, Tiptree, CO5 0JS
LAURA DAWN CURTIS
6 BLENHEIM WAY, TIPTREE, CO5 0JX
Mr Steven Paul Hull Historic Information
17 Park Drive, Tiptree, CO5 0GW
MOLLY WINIFRED CARTER Historic Information MANAGER
189 GROVE ROAD, TIPTREE, CO5 0JB

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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