£320,768
This estimated value is based upon the latest sale price for the house of £178,000 on 19 Dec 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £178,000 | 19 Dec 2005 |
| £59,995 | 15 Jan 1999 |
| 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 December 2005 the House Price Index for ESSEX was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £178,000 results in an estimated price of approximately £320,768.
| 19 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £178,000 | £142,768 | £320,768 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 16.265 % | £28,951 | £206,951 |
| 3 Month Average | 51.216 % | £91,164 | £269,164 |
| 6 Month Average | 67.278 % | £119,755 | £297,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £384,922 | £380,000 | 28 MILL STREET |
| 28 Jul 2023 | £178,401 | £176,000 | FLAT 4 MILL COURT MILL STREET |
| 24 Nov 2022 | £184,762 | £187,000 | 89 MILL STREET |
| 18 May 2022 | £509,602 | £500,000 | HILL HOUSE, 31 POINT CLEAR ROAD |
| 17 Feb 2022 | £393,260 | £375,000 | 95 MILL STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Point Clear Road |
| Jan 2024 | Public order | Action to be taken by another organisation | On or near Point Clear Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mill Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mill Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mill Street |