£1,984,565
This estimated value is based upon the latest sale price for the house of £579,000 on 15 May 2001. 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 Shopping Area
More crime details
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| Price Paid | Date |
|---|---|
| £579,000 | 15 May 2001 |
| £495,000 | 5 Nov 1999 |
| £100,000 | 27 Mar 1997 |
| 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 May 2001 the House Price Index for ESSEX was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £579,000 results in an estimated price of approximately £1,984,565.
| 15 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £579,000 | £1,405,565 | £1,984,565 |
The Postcode Pricing Model uses changes in average sales price within the CM6 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 | 179.694 % | £1,040,425 | £1,619,425 |
| 3 Month Average | 258.088 % | £1,494,330 | £2,073,330 |
| 6 Month Average | 221.968 % | £1,285,194 | £1,864,194 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £1,620,723 | £1,600,000 | GREENHILL BARN ANCHOR LANE |
| 7 Sep 2023 | £1,408,003 | £1,390,000 | 3 LEADEN HALL BARNS STORTFORD ROAD |
| 11 Jul 2023 | £1,216,371 | £1,200,000 | THE ELMS |
| 24 Feb 2023 | £574,613 | £575,000 | 1A NORRINGTON COTTAGE |
| 23 Mar 2022 | £1,243,515 | £1,200,000 | BOUNDARY HOUSE CHELMSFORD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shopping Area |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shopping Area |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Shopping Area |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near St Martins Close |
| Jan 2024 | Burglary | Under investigation | On or near St Martins Close |