£348,197
This estimated value is based upon the latest sale price for the house of £325,000 on 9 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £325,000 | 9 Dec 2021 |
| £165,000 | 8 Jul 2013 |
| £165,000 | 18 Nov 2005 |
| £55,950 | 27 Mar 1997 |
| 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 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £325,000 results in an estimated price of approximately £348,197.
| 9 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £325,000 | £23,197 | £348,197 |
The Postcode Pricing Model uses changes in average sales price within the CO7 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 | -34.627 % | £-112,536 | £212,463 |
| 3 Month Average | -13.711 % | £-44,561 | £280,438 |
| 6 Month Average | 10.036 % | £32,618 | £357,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £464,060 | £460,000 | 12 TOWER ROAD |
| 21 Jul 2023 | £420,662 | £415,000 | 63 THE AVENUE |
| 21 Jul 2023 | £405,457 | £400,000 | 2 THE CROSS |
| 20 Feb 2023 | £325,781 | £326,000 | 24 THE CROSS |
| 29 Jun 2022 | £405,734 | £400,000 | 31 THE CROSS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Nelson Close |
| Mar 2024 | Drugs | Under investigation | On or near Nelson Close |
| Jan 2024 | Other crime | Further action is not in the public interest | On or near Broomfield Crescent |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heath Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Heath Road |