£225,770
This estimated value is based upon the latest sale price for the house of £150,000 on 25 Sep 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £150,000 | 25 Sep 2014 |
| 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 September 2014 the House Price Index for ESSEX was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £150,000 results in an estimated price of approximately £225,770.
| 25 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £150,000 | £75,770 | £225,770 |
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 | 6.394 % | £9,591 | £159,591 |
| 3 Month Average | 34.392 % | £51,588 | £201,588 |
| 6 Month Average | 68.230 % | £102,345 | £252,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2023 | £252,378 | £250,000 | 5 MOUNTVIEW CRESCENT |
| 24 Feb 2023 | £399,731 | £400,000 | 63 MAIN ROAD |
| 5 Aug 2022 | £391,446 | £392,500 | 1 SUNNYWAY |
| 6 Jun 2022 | £228,225 | £225,000 | PLOT 470 WATERSIDE HOLIDAY PARK MAIN ROAD |
| 14 Jan 2022 | £378,867 | £360,000 | 12 MOUNTVIEW CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Further action is not in the public interest | On or near Main Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beachy Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bay View |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anchorage View |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Anchorage View |