£398,213
This estimated value is based upon the latest sale price for the house of £165,000 on 4 Apr 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £165,000 | 4 Apr 2003 |
| £142,000 | 15 Nov 2002 |
| £64,000 | 19 Aug 1999 |
| 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 April 2003 the House Price Index for ESSEX was 62.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 141.341%.Applying this 141.341% change to the original purchase price of £165,000 results in an estimated price of approximately £398,213.
| 4 Apr 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 149.7 | 141.341 % | £165,000 | £233,213 | £398,213 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 74.039 % | £122,164 | £287,164 |
| 3 Month Average | 104.492 % | £172,411 | £337,411 |
| 6 Month Average | 100.891 % | £166,469 | £331,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £394,626 | £382,500 | 6 OAK CLOSE |
| 4 Dec 2023 | £283,718 | £275,000 | 23 LITCHFIELD CLOSE |
| 2 Oct 2023 | £291,623 | £285,000 | 100 ST JOHNS ROAD |
| 3 May 2022 | £272,088 | £265,000 | 103 LONDON ROAD |
| 27 Apr 2022 | £303,446 | £292,500 | 29 LITCHFIELD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Robbery | Under investigation | On or near Yarmouth Close |
| May 2024 | Robbery | Unable to prosecute suspect | On or near Yarmouth Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yarmouth Close |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Litchfield Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Norwich Close |