£523,854
This estimated value is based upon the latest sale price for the house of £490,000 on 17 Nov 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £490,000 | 17 Nov 2021 |
| 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 2021 the House Price Index for ESSEX was 137.5.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 6.909%.Applying this 6.909% change to the original purchase price of £490,000 results in an estimated price of approximately £523,854.
| 17 Nov 2021 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.5 | 147.0 | 6.909 % | £490,000 | £33,854 | £523,854 |
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 | 7.695 % | £37,703 | £527,703 |
| 3 Month Average | -3.191 % | £-15,634 | £474,365 |
| 6 Month Average | -2.196 % | £-10,758 | £479,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £223,739 | £224,500 | 24 BOTANICAL WAY |
| 21 Aug 2023 | £121,672 | £122,500 | 17 PRIORY PARK |
| 20 Mar 2023 | £69,810 | £70,000 | 33 PRIORY PARK |
| 6 Dec 2022 | £112,625 | £115,000 | 27 PRIORY PARK |
| 5 Oct 2022 | £415,669 | £425,000 | 102 COLCHESTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Golding Way |
| Nov 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Golding Way |
| Nov 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Golding Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Newton Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Way |