£275,285
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Feb 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 17 Feb 2020 |
| £152,000 | 22 Feb 2013 |
| Flats/Maisonettes |
| Leasehold |
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 February 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £225,000 results in an estimated price of approximately £275,285.
| 17 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £225,000 | £50,285 | £275,285 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | -12.690 % | £-28,551 | £196,448 |
| 3 Month Average | -9.064 % | £-20,394 | £204,605 |
| 6 Month Average | -0.715 % | £-1,608 | £223,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £379,857 | £375,000 | 4 ELM AVENUE |
| 28 Oct 2022 | £232,497 | £235,000 | 1 CLOUGHTON COURT TRIANGLE PLACE |
| 14 Oct 2022 | £247,337 | £250,000 | WAVE BRIDGE COTTAGE COLCHESTER ROAD |
| 14 Jul 2022 | £338,912 | £338,000 | BILL-A-ROSE STOCK CHASE |
| 1 Jul 2022 | £195,526 | £195,000 | FLAT 9 WAVE BRIDGE COURT COLCHESTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Triangle Place |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Triangle Place |
| Dec 2023 | Drugs | Local resolution | On or near Triangle Place |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Fir Tree Walk |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fir Tree Walk |