£337,781
This estimated value is based upon the latest sale price for the house of £199,000 on 30 Apr 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £199,000 | 30 Apr 2010 |
| £51,000 | 31 Jul 1998 |
| 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 2010 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £199,000 results in an estimated price of approximately £337,781.
| 30 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £199,000 | £138,781 | £337,781 |
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 | 45.045 % | £89,639 | £288,639 |
| 3 Month Average | 76.829 % | £152,889 | £351,889 |
| 6 Month Average | 66.788 % | £132,907 | £331,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £267,175 | £262,500 | 6 HANKIN AVENUE |
| 1 Sep 2023 | £426,858 | £421,400 | 64 HEWITT ROAD |
| 13 Jun 2023 | £298,617 | £295,000 | 41 HANKIN AVENUE |
| 4 Aug 2022 | £274,262 | £275,000 | 1 BIRCH COTTAGES OAKLEY ROAD |
| 9 May 2022 | £387,298 | £380,000 | 31 HEWITT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Burr Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mayes Lane |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mayes Lane |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Hammond Drive |
| Dec 2023 | Anti-social behaviour | On or near Regimental Way |