£615,886
This estimated value is based upon the latest sale price for the house of £445,000 on 29 Dec 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £445,000 | 29 Dec 2015 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 sq feet |
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 2015 the House Price Index for ESSEX was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £445,000 results in an estimated price of approximately £615,886.
| 29 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £445,000 | £170,886 | £615,886 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 3.177 % | £14,136 | £459,136 |
| 3 Month Average | -1.025 % | £-4,559 | £440,440 |
| 6 Month Average | 26.986 % | £120,089 | £565,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Mar 2023 | £837,894 | £830,000 | 26 COLLINGWOOD ROAD |
| 3 Feb 2023 | £204,862 | £205,000 | FLAT 6 NICHOLAS COURT COLLINGWOOD ROAD |
| 26 Jul 2022 | £589,086 | £587,500 | VALLEY HOUSE GUITHAVON VALLEY |
| 4 Jul 2022 | £155,418 | £155,000 | FLAT 23 PENHALIGON COURT GUITHAVON STREET |
| 24 Jun 2022 | £180,552 | £178,000 | FLAT 6 LIME TREE PLACE, 8 COLLINGWOOD ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 5 May 2015. Using an estimated price of £615,886 means this house is valued at £9,192 per sq meter (£853 per sq foot).
The average size of a house on COLLINGWOOD ROAD is 56 sq meters (611 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Nicholas Court |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nicholas Court |
| Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near Nicholas Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |