£499,711
This estimated value is based upon the latest sale price for the house of £159,995 on 4 Jan 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £159,995 | 4 Jan 2002 |
| £146,000 | 28 Apr 2000 |
| £119,995 | 8 Dec 1998 |
| £108,495 | 14 Mar 1997 |
| 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 January 2002 the House Price Index for ESSEX was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £159,995 results in an estimated price of approximately £499,711.
| 4 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 148.6 | 212.329 % | £159,995 | £339,716 | £499,711 |
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 | 211.474 % | £338,347 | £498,342 |
| 3 Month Average | 168.909 % | £270,246 | £430,241 |
| 6 Month Average | 206.706 % | £330,718 | £490,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £429,278 | £423,500 | 18 THORNTON DRIVE |
| 25 May 2022 | £402,586 | £395,000 | 14 COEUR DE LION |
| 10 Dec 2021 | £385,696 | £360,000 | 17 THORNTON DRIVE |
| 25 Jun 2021 | £244,090 | £227,500 | 21 THORNTON DRIVE |
| 8 Sep 2020 | £522,448 | £440,000 | 28 THORNTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sinclair Close |