£232,341
This estimated value is based upon the latest sale price for the house of £142,000 on 23 Oct 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £142,000 | 23 Oct 2013 |
| £128,000 | 31 Mar 2004 |
| £98,750 | 16 Aug 2002 |
| £55,500 | 19 Mar 1999 |
| £51,000 | 14 Mar 1997 |
| Flats/Maisonettes |
| Leasehold |
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 2013 the House Price Index for ESSEX was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £142,000 results in an estimated price of approximately £232,341.
| 23 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £142,000 | £90,341 | £232,341 |
The Postcode Pricing Model uses changes in average sales price within the CO6 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 | 90.647 % | £128,718 | £270,718 |
| 3 Month Average | 48.848 % | £69,364 | £211,364 |
| 6 Month Average | 39.613 % | £56,250 | £198,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £182,705 | £180,000 | FLAT 25 THE TRUMAN MALTINGS PARK |
| 10 Nov 2023 | £284,208 | £280,000 | 2 DRAY COURT MALTINGS PARK |
| 3 Jul 2023 | £211,851 | £209,000 | 11 DANIELLS HOUSE COLCHESTER ROAD |
| 13 Feb 2023 | £364,755 | £365,000 | 10 MALTINGS PARK ROAD |
| 4 Jan 2023 | £196,076 | £197,000 | 10 DANIELLS HOUSE COLCHESTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Garret Place |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lorkin Way |
| Mar 2024 | Public order | Under investigation | On or near Armoury Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Armoury Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Armoury Road |