£361,233
This estimated value is based upon the latest sale price for the house of £240,000 on 10 Sep 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 10 Sep 2014 |
| £84,950 | 11 Dec 1998 |
| £76,000 | 22 Mar 1996 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 sq feet |
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 September 2014 the House Price Index for ESSEX was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £240,000 results in an estimated price of approximately £361,233.
| 10 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £240,000 | £121,233 | £361,233 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 30.688 % | £73,650 | £313,650 |
| 3 Month Average | 39.118 % | £93,883 | £333,883 |
| 6 Month Average | 47.732 % | £114,555 | £354,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £426,858 | £421,400 | 64 HEWITT ROAD |
| 4 May 2022 | £336,337 | £330,000 | 26 REGIMENTAL WAY |
| 20 May 2021 | £274,599 | £243,000 | 15 ALDON CLOSE |
| 18 Dec 2020 | £459,085 | £400,000 | 4 HEWITT ROAD |
| 4 Dec 2020 | £323,655 | £282,000 | 31 ALDON CLOSE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 4 Jul 2014. Using an estimated price of £361,233 means this house is valued at £2,822 per sq meter (£262 per sq foot).
The average size of a house on ALDON CLOSE is 105 sq meters (1,136 sq feet).
This house is the largest in the street with a floor area of 128 sq meters (1,377 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Regimental Way |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Burr Close |
| Apr 2024 | Burglary | Under investigation | On or near Mayes Lane |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mayes Lane |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mayes Lane |