£619,547
This estimated value is based upon the latest sale price for the house of £400,000 on 20 Aug 2007. 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 Western Road
More crime details
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Po Box 86, EN11 8GB
Phone: 01992800571
Price Paid | Date |
---|---|
£400,000 | 20 Aug 2007 |
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 August 2007 the House Price Index for ESSEX was 94.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 54.887%.Applying this 54.887% change to the original purchase price of £400,000 results in an estimated price of approximately £619,547.
20 Aug 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 146.7 | 54.887 % | £400,000 | £219,547 | £619,547 |
The Postcode Pricing Model uses changes in average sales price within the EN9 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 | 79.533 % | £318,131 | £718,131 |
3 Month Average | 157.577 % | £630,308 | £1,030,308 |
6 Month Average | 100.889 % | £403,554 | £803,554 |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Western Road |
Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Mayflower Close |
Feb 2024 | Anti-social behaviour | On or near Mayflower Close | |
Feb 2024 | Anti-social behaviour | On or near Mayflower Close | |
Dec 2023 | Criminal damage and arson | Local resolution | On or near Mayflower Close |