£216,706
This estimated value is based upon the latest sale price for the house of £160,000 on 22 Apr 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Tellin Way
More crime details
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| Price Paid | Date |
|---|---|
| £160,000 | 22 Apr 2016 |
| £60,000 | 13 Jun 1997 |
| Semi-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 April 2016 the House Price Index for ESSEX was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £160,000 results in an estimated price of approximately £216,706.
| 22 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £160,000 | £56,706 | £216,706 |
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 | 7.664 % | £12,261 | £172,261 |
| 3 Month Average | 32.513 % | £52,020 | £212,020 |
| 6 Month Average | 44.152 % | £70,642 | £230,642 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £211,853 | £210,000 | UNIT 9 BRUNEL ROAD |
| 8 Aug 2023 | £252,206 | £250,000 | 4 OAKWOOD BUSINESS PARK |
| 21 Apr 2023 | £244,887 | £242,250 | 242 GORSE LANE |
| 10 Mar 2023 | £346,262 | £343,000 | 5 OAKS DRIVE |
| 11 Aug 2022 | £383,966 | £385,000 | 85A GORSE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Tellin Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tellin Way |
| Feb 2024 | Other theft | Under investigation | On or near Tellin Way |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Tellin Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Tellin Way |