£1,463,012
This estimated value is based upon the latest sale price for the house of £992,500 on 26 Mar 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £992,500 | 26 Mar 2015 |
| 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 March 2015 the House Price Index for ESSEX was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £992,500 results in an estimated price of approximately £1,463,012.
| 26 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £992,500 | £470,512 | £1,463,012 |
The Postcode Pricing Model uses changes in average sales price within the CO5 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 | 30.526 % | £302,974 | £1,295,474 |
| 3 Month Average | 47.348 % | £469,925 | £1,462,425 |
| 6 Month Average | 41.200 % | £408,912 | £1,401,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £74,958 | £74,000 | 57 TOWER ESTATE |
| 4 Oct 2022 | £241,401 | £244,000 | 35 TOWER ESTATE |
| 19 Aug 2022 | £129,651 | £130,000 | 6 TOWER ESTATE |
| 18 Mar 2022 | £233,159 | £225,000 | 63 TOWER ESTATE |
| 20 Dec 2021 | £404,445 | £377,500 | 34 PLANTON WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Ivy Lane |
| Feb 2024 | Public order | Formal action is not in the public interest | On or near East Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Promenade Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Promenade Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |