£610,934
This estimated value is based upon the latest sale price for the house of £385,000 on 7 Apr 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £385,000 | 7 Apr 2008 |
| £152,000 | 10 Jul 1998 |
| 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 April 2008 the House Price Index for ESSEX was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £385,000 results in an estimated price of approximately £610,934.
| 7 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 148.6 | 58.684 % | £385,000 | £225,934 | £610,934 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 49.629 % | £191,073 | £576,073 |
| 3 Month Average | 27.342 % | £105,268 | £490,268 |
| 6 Month Average | 52.770 % | £203,164 | £588,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £496,008 | £490,000 | 1 SUSSEX ROAD |
| 27 Apr 2023 | £495,333 | £490,000 | 13 THE AVENUE |
| 26 Aug 2022 | £548,524 | £550,000 | 63 LEXDEN ROAD |
| 30 May 2022 | £356,722 | £350,000 | 2A THE AVENUE |
| 28 Feb 2022 | £228,615 | £218,000 | 3 DELLA COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Avenue |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near The Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Avenue |