£165,037
This estimated value is based upon the latest sale price for the house of £131,500 on 24 Jan 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£131,500 | 24 Jan 2018 |
£112,000 | 29 May 2009 |
Terraced |
Leasehold |
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 2018 the House Price Index for ESSEX was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £131,500 results in an estimated price of approximately £165,037.
24 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 148.6 | 25.504 % | £131,500 | £33,537 | £165,037 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 60.684 % | £79,799 | £211,299 |
3 Month Average | -5.298 % | £-6,966 | £124,533 |
6 Month Average | 12.318 % | £16,198 | £147,698 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £381,336 | £378,000 | MONTROSE PORK LANE |
27 Feb 2023 | £349,765 | £350,000 | 14 ORCHARD DRIVE |
6 Oct 2022 | £366,059 | £370,000 | 20 LAXTON GROVE |
25 May 2022 | £402,586 | £395,000 | THE BRAMBLES PORK LANE |
31 Mar 2022 | £595,851 | £575,000 | 31 ORCHARD DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Pork Lane |
Mar 2024 | Anti-social behaviour | On or near Pork Lane | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pork Lane |
Mar 2024 | Anti-social behaviour | On or near Pork Lane | |
Mar 2024 | Other crime | Under investigation | On or near Pork Lane |