£248,490
This estimated value is based upon the latest sale price for the house of £45,000 on 23 Sep 1996. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £45,000 | 23 Sep 1996 |
| 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 September 1996 the House Price Index for ESSEX was 26.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 452.201%.Applying this 452.201% change to the original purchase price of £45,000 results in an estimated price of approximately £248,490.
| 23 Sep 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 148.6 | 452.201 % | £45,000 | £203,490 | £248,490 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 436.482 % | £196,417 | £241,417 |
| 3 Month Average | 392.916 % | £176,812 | £221,812 |
| 6 Month Average | 384.376 % | £172,969 | £217,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jan 2023 | £288,640 | £290,000 | 69 CHELMSFORD ROAD |
| 10 Nov 2022 | £385,332 | £390,000 | 24 IPSWICH ROAD |
| 12 Apr 2022 | £360,430 | £350,000 | 77 BRENTWOOD ROAD |
| 4 Dec 2020 | £263,974 | £230,000 | 121 SLADE ROAD |
| 15 Oct 2020 | £342,540 | £292,000 | 76 BRENTWOOD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Slade Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |