£367,707
This estimated value is based upon the latest sale price for the house of £144,995 on 12 Dec 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£144,995 | 12 Dec 2002 |
£50,000 | 13 Dec 1995 |
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 December 2002 the House Price Index for ESSEX was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £144,995 results in an estimated price of approximately £367,707.
12 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 148.6 | 153.600 % | £144,995 | £222,712 | £367,707 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 107.159 % | £155,375 | £300,370 |
3 Month Average | 96.506 % | £139,928 | £284,923 |
6 Month Average | 99.801 % | £144,707 | £289,702 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £350,000 | £350,000 | 24 HILLCREST |
6 Nov 2023 | £253,757 | £250,000 | 20 CRAIGFIELD AVENUE |
28 Jul 2023 | £278,752 | £275,000 | 7 HILLCREST |
4 Apr 2022 | £262,599 | £255,000 | 4 HILLCREST |
11 Mar 2022 | £326,423 | £315,000 | 21 CRAIGFIELD AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Hillcrest |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Hillcrest |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Hillcrest |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Hillcrest |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Thrushdale |