£702,035
This estimated value is based upon the latest sale price for the house of £235,000 on 22 Apr 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £235,000 | 22 Apr 2002 |
| £62,500 | 14 Feb 1997 |
| 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 2002 the House Price Index for ESSEX was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £235,000 results in an estimated price of approximately £702,035.
| 22 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 148.6 | 198.739 % | £235,000 | £467,035 | £702,035 |
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 | 165.847 % | £389,740 | £624,740 |
| 3 Month Average | 151.620 % | £356,307 | £591,307 |
| 6 Month Average | 192.026 % | £451,262 | £686,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £380,000 | £380,000 | 1 SOPHY WAY |
| 9 Nov 2023 | £527,814 | £520,000 | 16 HOWARDS CROFT |
| 22 Sep 2023 | £471,022 | £465,000 | 6 ALBA MEWS |
| 1 Mar 2023 | £282,663 | £280,000 | 13 SUMMERTIME DRIVE |
| 12 Aug 2022 | £299,195 | £300,000 | 4 SOPHY WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nayland Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Nayland Road |
| Mar 2024 | Other theft | Under investigation | On or near Howards Croft |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wildeve Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Leech'S Lane |