£437,686
This estimated value is based upon the latest sale price for the house of £328,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £328,000 | 28 Oct 2016 |
| 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 October 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £328,000 results in an estimated price of approximately £437,686.
| 28 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £328,000 | £109,686 | £437,686 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 52.020 % | £170,624 | £498,624 |
| 3 Month Average | 22.141 % | £72,621 | £400,621 |
| 6 Month Average | 28.663 % | £94,013 | £422,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £385,346 | £382,000 | 34 SCHOOL LANE |
| 24 Aug 2023 | £499,000 | £490,000 | 3 PARRINGTON WAY |
| 24 Apr 2023 | £463,673 | £455,000 | 19 SCHOOL LANE |
| 14 Apr 2023 | £473,863 | £465,000 | 17 SCHOOL LANE |
| 27 Mar 2023 | £376,284 | £370,000 | 26 SCHOOL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grange Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near School Lane |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Claude Oliver Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Avenue |
| Jul 2024 | Other theft | Under investigation | On or near Petrol Station |