£504,318
This estimated value is based upon the latest sale price for the house of £435,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £435,000 | 27 Nov 2020 |
| £235,000 | 8 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £435,000 results in an estimated price of approximately £504,318.
| 27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £435,000 | £69,318 | £504,318 |
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 | -12.719 % | £-55,329 | £379,670 |
| 3 Month Average | -8.369 % | £-36,404 | £398,595 |
| 6 Month Average | -10.104 % | £-43,952 | £391,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £548,115 | £540,000 | 2 SPRING COTTAGES FORD STREET |
| 3 Nov 2023 | £341,049 | £336,000 | 8 HINES CLOSE |
| 8 Sep 2023 | £430,504 | £425,000 | MARTYNS HALSTEAD ROAD |
| 8 Sep 2023 | £653,354 | £645,000 | WASH CORNER COTTAGE HALSTEAD ROAD |
| 1 Aug 2023 | £807,060 | £800,000 | LUM-REEK HALSTEAD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Fordstreet Hill |
| Dec 2023 | Other theft | Awaiting court outcome | On or near Ponders Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardings Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Penlan Hall Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Penlan Hall Lane |