£331,760
This estimated value is based upon the latest sale price for the house of £270,000 on 3 Jan 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £270,000 | 3 Jan 2020 |
| £176,500 | 13 Apr 2010 |
| 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 January 2020 the House Price Index for ESSEX was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £270,000 results in an estimated price of approximately £331,760.
| 3 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £270,000 | £61,760 | £331,760 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 43.085 % | £116,329 | £386,329 |
| 3 Month Average | -3.063 % | £-8,269 | £261,730 |
| 6 Month Average | 10.814 % | £29,196 | £299,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £292,423 | £285,000 | 16 MERIVALE ROAD |
| 1 Sep 2023 | £398,791 | £390,000 | 105 LONG ROAD |
| 16 Jun 2023 | £273,481 | £268,000 | 202 COLCHESTER ROAD |
| 15 Mar 2023 | £630,530 | £620,000 | 107 LONG ROAD |
| 17 Feb 2023 | £664,438 | £660,000 | 71 LONG ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waldegrave Way |
| Jul 2024 | Public order | Formal action is not in the public interest | On or near Nichols Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merivale Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Waldegrave Close |
| Apr 2024 | Possession of weapons | Under investigation | On or near Waldegrave Close |