£463,430
This estimated value is based upon the latest sale price for the house of £100,000 on 6 Nov 1998. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £100,000 | 6 Nov 1998 |
| 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 1998 the House Price Index for ESSEX was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £100,000 results in an estimated price of approximately £463,430.
| 6 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.431 % | £100,000 | £363,430 | £463,430 |
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 | 537.333 % | £537,332 | £637,332 |
| 3 Month Average | 361.232 % | £361,231 | £461,231 |
| 6 Month Average | 319.916 % | £319,916 | £419,916 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £1,017,808 | £1,000,000 | SKYE GREEN COTTAGE SKYE GREEN ROAD |
| 13 Nov 2023 | £262,385 | £258,500 | 8 TEY GROVE |
| 22 Aug 2022 | £503,644 | £505,000 | THE COTTAGE EAST GORES ROAD |
| 15 Jul 2022 | £721,943 | £720,000 | ROUND HOUSE EAST GORES ROAD |
| 21 Jun 2022 | £253,584 | £250,000 | 8 SURREX COTTAGES COLCHESTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Salmon'S Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Old Road |