£243,606
This estimated value is based upon the latest sale price for the house of £240,000 on 21 Nov 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 21 Nov 2023 |
| 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 November 2023 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £240,000 results in an estimated price of approximately £243,606.
| 21 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £240,000 | £3,606 | £243,606 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | -3.281 % | £-7,874 | £232,125 |
| 3 Month Average | -15.245 % | £-36,588 | £203,411 |
| 6 Month Average | -3.509 % | £-8,422 | £231,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £243,607 | £240,000 | 8 VERONICA WALK |
| 19 Apr 2023 | £267,884 | £265,000 | 15 BERBERIS WALK |
| 29 Mar 2023 | £262,473 | £260,000 | 24 CONIFER CLOSE |
| 24 Feb 2023 | £269,818 | £270,000 | 7 VERONICA WALK |
| 9 Jan 2023 | £134,367 | £135,000 | 1 WISTERIA COURT BLACKTHORN AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Offender given a caution | On or near Veronica Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Veronica Walk |
| Mar 2024 | Public order | Under investigation | On or near Veronica Walk |
| Mar 2024 | Possession of weapons | Under investigation | On or near Veronica Walk |
| Mar 2024 | Anti-social behaviour | On or near Veronica Walk |