£1,057,453
This estimated value is based upon the latest sale price for the house of £950,000 on 29 Mar 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £950,000 | 29 Mar 2021 |
| £337,000 | 7 Nov 2002 |
| 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 March 2021 the House Price Index for ESSEX was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £950,000 results in an estimated price of approximately £1,057,453.
| 29 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.6 | 11.311 % | £950,000 | £107,453 | £1,057,453 |
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 | 19.567 % | £185,885 | £1,135,885 |
| 3 Month Average | -10.688 % | £-101,538 | £848,461 |
| 6 Month Average | -15.175 % | £-144,159 | £805,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2022 | £773,752 | £780,000 | ORCHARD COTTAGE CHAPEL LANE |
| 26 Nov 2021 | £670,539 | £620,000 | 5 VALLEY VIEW CHAPEL LANE |
| 30 Sep 2021 | £366,381 | £340,000 | 2 VALLEY CRESCENT |
| 29 Mar 2021 | £1,057,453 | £950,000 | TOPAZ CHAPEL LANE |
| 4 Dec 2020 | £367,268 | £320,000 | FIRS CROFT CHAPEL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near The Retreat |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Whitehouse Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Moss Way |
| Mar 2024 | Other crime | Under investigation | On or near Upton Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Upton Close |