£285,404
This estimated value is based upon the latest sale price for the house of £87,995 on 22 Oct 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £87,995 | 22 Oct 2001 |
| £40,000 | 19 Sep 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 October 2001 the House Price Index for ESSEX was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £87,995 results in an estimated price of approximately £285,404.
| 22 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £87,995 | £197,409 | £285,404 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 133.657 % | £117,611 | £205,606 |
| 3 Month Average | 156.801 % | £137,976 | £225,971 |
| 6 Month Average | 161.656 % | £142,249 | £230,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £70,809 | £71,000 | FLAT 4 9 ORWELL ROAD |
| 4 Jul 2022 | £242,653 | £242,000 | 28 GWYNNE ROAD |
| 22 Jun 2022 | £253,584 | £250,000 | TOP FLOOR FLAT 1 MARINE PARADE |
| 17 Jun 2022 | £253,579 | £249,995 | FIRST FLOOR FLAT 1 MARINE PARADE |
| 12 May 2022 | £157,722 | £154,750 | 1 WADDESDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Orwell Road | |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Orwell Road |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Orwell Road |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Orwell Road |
| Mar 2024 | Other crime | Under investigation | On or near Orwell Road |