£615,868
This estimated value is based upon the latest sale price for the house of £525,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £525,000 | 23 Oct 2020 |
| £360,000 | 24 May 2007 |
| £117,000 | 15 Apr 1996 |
| 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £525,000 results in an estimated price of approximately £615,868.
| 23 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £525,000 | £90,868 | £615,868 |
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 | -0.995 % | £-5,222 | £519,777 |
| 3 Month Average | 4.378 % | £22,983 | £547,983 |
| 6 Month Average | 10.205 % | £53,577 | £578,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £496,346 | £490,000 | 6 KINGS GARDENS |
| 1 Aug 2023 | £484,236 | £480,000 | 1 GREENWAYS |
| 17 Jul 2023 | £390,252 | £385,000 | 13 HUNT CLOSE |
| 24 Mar 2023 | £378,567 | £375,000 | 114 FEERING HILL |
| 5 Aug 2022 | £373,993 | £375,000 | 112 FEERING HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Feering Hill |
| Mar 2024 | Other crime | Further action is not in the public interest | On or near Kings Gardens |
| Mar 2024 | Other crime | Further action is not in the public interest | On or near Kings Gardens |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Worlds End Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Worlds End Lane |