£394,324
This estimated value is based upon the latest sale price for the house of £320,000 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £320,000 | 16 Nov 2018 |
| Semi-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 November 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £320,000 results in an estimated price of approximately £394,324.
| 16 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £320,000 | £74,324 | £394,324 |
The Postcode Pricing Model uses changes in average sales price within the CO6 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 | 59.434 % | £190,188 | £510,188 |
| 3 Month Average | 18.553 % | £59,368 | £379,368 |
| 6 Month Average | 6.470 % | £20,703 | £340,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £359,843 | £355,000 | 27 ST NICHOLAS WAY |
| 4 Jul 2023 | £364,911 | £360,000 | 8 GURTON ROAD |
| 18 Apr 2023 | £404,354 | £400,000 | 22 THE GREENWAYS |
| 6 Mar 2023 | £366,452 | £363,000 | 6 GURTON ROAD |
| 28 Feb 2023 | £349,765 | £350,000 | 15 THE GREENWAYS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Westfield Drive |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tilkey Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tilkey Road |
| Jan 2024 | Other crime | Awaiting court outcome | On or near Gurton Road |
| Jan 2024 | Other crime | Awaiting court outcome | On or near Gurton Road |