£431,029
This estimated value is based upon the latest sale price for the house of £227,000 on 8 Oct 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £227,000 | 8 Oct 2004 |
| £75,000 | 20 Nov 2002 |
| £45,500 | 16 May 2001 |
| 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 2004 the House Price Index for ESSEX was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £227,000 results in an estimated price of approximately £431,029.
| 8 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £227,000 | £204,029 | £431,029 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 38.158 % | £86,618 | £313,618 |
| 3 Month Average | 51.992 % | £118,020 | £345,020 |
| 6 Month Average | 53.579 % | £121,624 | £348,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £246,147 | £243,000 | 46 CLARKES ROAD |
| 26 Jun 2023 | £273,311 | £270,000 | 38 SWEDEN CLOSE |
| 28 Apr 2023 | £247,667 | £245,000 | 26 SWEDEN CLOSE |
| 28 Apr 2023 | £212,286 | £210,000 | 16 NORWAY CRESCENT |
| 28 Apr 2023 | £121,306 | £120,000 | 30 CHURCHILL COURT PARKESTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |