£248,788
This estimated value is based upon the latest sale price for the house of £200,000 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 29 Jun 2018 |
| 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 June 2018 the House Price Index for ESSEX was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £200,000 results in an estimated price of approximately £248,788.
| 29 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £200,000 | £48,788 | £248,788 |
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 | 12.074 % | £24,147 | £224,147 |
| 3 Month Average | 7.876 % | £15,752 | £215,752 |
| 6 Month Average | 16.160 % | £32,319 | £232,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £1,218,033 | £1,200,000 | 15 FIRS CHASE |
| 1 Nov 2023 | £578,566 | £570,000 | 7 BLACKWATER DRIVE |
| 28 Jul 2023 | £270,643 | £267,000 | 22 ROSEBANK ROAD |
| 27 Apr 2023 | £306,803 | £303,500 | 4 STROOD CLOSE |
| 14 Apr 2023 | £535,769 | £530,000 | 1A BLACKWATER DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Awaiting court outcome | On or near Strood Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Strood Close |
| Mar 2024 | Drugs | Local resolution | On or near Cypress Mews |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Victory Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Victory Place |