£132,315
This estimated value is based upon the latest sale price for the house of £130,000 on 20 Dec 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £130,000 | 20 Dec 2023 |
| £65,000 | 3 Feb 2003 |
| Flats/Maisonettes |
| 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 December 2023 the House Price Index for ESSEX was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £130,000 results in an estimated price of approximately £132,315.
| 20 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £130,000 | £2,315 | £132,315 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | -4.027 % | £-5,235 | £124,764 |
| 3 Month Average | -2.605 % | £-3,387 | £126,612 |
| 6 Month Average | -6.702 % | £-8,712 | £121,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £132,315 | £130,000 | 18 POLSTEAD WAY |
| 8 Sep 2023 | £219,810 | £217,000 | 4 HADLEIGH ROAD |
| 24 Aug 2023 | £423,707 | £420,000 | 80 CLOES LANE |
| 24 Nov 2022 | £123,504 | £125,000 | 4 GARDENIA PLACE |
| 27 Apr 2022 | £128,725 | £125,000 | 17 AZALEA WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Polstead Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Polstead Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burstall Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burstall Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burstall Close |