£902,429
This estimated value is based upon the latest sale price for the house of £900,000 on 18 Jul 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £900,000 | 18 Jul 2022 |
| 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 July 2022 the House Price Index for ESSEX was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £900,000 results in an estimated price of approximately £902,429.
| 18 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £900,000 | £2,429 | £902,429 |
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 | -16.023 % | £-144,202 | £755,797 |
| 3 Month Average | -6.286 % | £-56,575 | £843,424 |
| 6 Month Average | -3.178 % | £-28,598 | £871,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £256,488 | £252,000 | 59 ROWAN DRIVE |
| 29 Nov 2023 | £355,260 | £350,000 | 49 LARCH WALK |
| 11 Jul 2023 | £380,116 | £375,000 | 7 ROWAN DRIVE |
| 12 Jun 2023 | £359,353 | £355,000 | 16 MAPLE AVENUE |
| 18 Jul 2022 | £902,429 | £900,000 | LOFTS FARM BROAD STREET GREEN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Larch Walk |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maple Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maple Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Maple Avenue |
| Apr 2024 | Drugs | Awaiting court outcome | On or near Dunlin Close |