£311,757
This estimated value is based upon the latest sale price for the house of £260,000 on 26 Aug 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £260,000 | 26 Aug 2020 |
| £225,000 | 29 Jan 2016 |
| £170,000 | 24 Nov 2005 |
| 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 August 2020 the House Price Index for ESSEX was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £260,000 results in an estimated price of approximately £311,757.
| 26 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £260,000 | £51,757 | £311,757 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | -45.775 % | £-119,013 | £140,986 |
| 3 Month Average | 22.319 % | £58,030 | £318,030 |
| 6 Month Average | 24.876 % | £64,678 | £324,678 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £346,055 | £340,000 | 19 MEDLEY WAY |
| 24 May 2022 | £392,394 | £385,000 | 8 MEDLEY WAY |
| 28 Apr 2022 | £344,983 | £335,000 | 75 ANCHORAGE VIEW |
| 22 Mar 2022 | £310,879 | £300,000 | 8 ANCHORAGE VIEW |
| 14 Mar 2022 | £334,195 | £322,500 | 17 MEDLEY WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Further action is not in the public interest | On or near Medley Way |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Anchorage View |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anchorage View |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Plovers |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beachy Drive |