£258,073
This estimated value is based upon the latest sale price for the house of £81,500 on 14 Dec 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £81,500 | 14 Dec 2001 |
| £46,000 | 12 Oct 1995 |
| Semi-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 December 2001 the House Price Index for ESSEX was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £81,500 results in an estimated price of approximately £258,073.
| 14 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 148.6 | 216.655 % | £81,500 | £176,573 | £258,073 |
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 | 108.187 % | £88,172 | £169,672 |
| 3 Month Average | 143.771 % | £117,173 | £198,673 |
| 6 Month Average | 151.806 % | £123,722 | £205,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £297,604 | £295,000 | 7 BAY VIEW CRESCENT |
| 21 Apr 2023 | £192,068 | £190,000 | 7 LODGE ROAD |
| 21 Mar 2023 | £292,758 | £290,000 | 125 HARWICH ROAD |
| 26 Oct 2022 | £257,230 | £260,000 | 121 HARWICH ROAD |
| 4 Aug 2022 | £274,262 | £275,000 | 1 BIRCH COTTAGES OAKLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bay View Crescent |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Bay View Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bay View Crescent |