£282,391
This estimated value is based upon the latest sale price for the house of £166,000 on 15 Oct 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £166,000 | 15 Oct 2010 |
| 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 October 2010 the House Price Index for ESSEX was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £166,000 results in an estimated price of approximately £282,391.
| 15 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £166,000 | £116,391 | £282,391 |
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 | 74.630 % | £123,886 | £289,886 |
| 3 Month Average | 42.037 % | £69,780 | £235,780 |
| 6 Month Average | 37.121 % | £61,620 | £227,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £282,471 | £280,000 | 4A COLCHESTER ROAD |
| 20 Jun 2023 | £306,715 | £303,000 | 14 WOODLANDS RISE |
| 11 Jan 2023 | £448,139 | £450,250 | 7 WAYLANDS DRIVE |
| 30 May 2022 | £535,082 | £525,000 | 2 BRETTS HALL COTTAGES CROWN LANE |
| 21 Jan 2022 | £410,439 | £390,000 | GREENACRES COLCHESTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colchester Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Colchester Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Colchester Road |
| Feb 2024 | Other theft | Under investigation | On or near Colchester Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Colchester Road |