£407,133
This estimated value is based upon the latest sale price for the house of £390,000 on 4 Mar 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Spendells Close
More crime details
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| Price Paid | Date |
|---|---|
| £390,000 | 4 Mar 2022 |
| £322,000 | 3 May 2006 |
| £173,000 | 25 Sep 2002 |
| Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 March 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £390,000 results in an estimated price of approximately £407,133.
| 4 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £390,000 | £17,133 | £407,133 |
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 | 0.378 % | £1,472 | £391,472 |
| 3 Month Average | 5.183 % | £20,212 | £410,212 |
| 6 Month Average | 9.086 % | £35,435 | £425,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £322,962 | £318,000 | 6 PERCIVAL ROAD |
| 1 Mar 2024 | £431,632 | £425,000 | 77 HALL LANE |
| 10 Nov 2023 | £318,074 | £310,000 | 41 FLORENCE ROAD |
| 26 Aug 2022 | £386,809 | £385,000 | ORCHARD HOUSE, 101 HALL LANE |
| 10 May 2022 | £284,409 | £277,000 | 82 HALL LANE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 1 Sep 2021. Using an estimated price of £407,134 means this house is valued at £7,829 per sq meter (£727 per sq foot).
The average size of a house on HALL LANE is 104 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Spendells Close |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Spendells Close |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Spendells Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near High Tree Lane |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near High Tree Lane |