£234,727
This estimated value is based upon the latest sale price for the house of £172,500 on 23 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £172,500 | 23 Mar 2016 |
| £35,000 | 14 Dec 2001 |
| 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 March 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £172,500 results in an estimated price of approximately £234,727.
| 23 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £172,500 | £62,227 | £234,727 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 32.521 % | £56,098 | £228,598 |
| 3 Month Average | 61.271 % | £105,692 | £278,192 |
| 6 Month Average | 57.231 % | £98,723 | £271,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £206,340 | £200,000 | 29 WADE REACH |
| 2 Mar 2023 | £279,671 | £275,000 | 28 WADE REACH |
| 20 Feb 2023 | £327,186 | £325,000 | 17 LOWES CHASE |
| 27 Jan 2023 | £278,745 | £278,000 | 69 KIRBY ROAD |
| 21 Jul 2022 | £261,621 | £259,000 | 3 THE RIDGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Investigation complete; no suspect identified | On or near Elliots Drive |
| Apr 2024 | Other theft | Action to be taken by another organisation | On or near Wade Reach |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Gouldings Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gouldings Avenue |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Grove Avenue |