£68,215
This estimated value is based upon the latest sale price for the house of £40,000 on 4 May 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£40,000 | 4 May 2012 |
£55,000 | 30 Apr 2007 |
£42,000 | 28 Nov 2003 |
£42,000 | 28 Nov 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 May 2012 the House Price Index for ESSEX was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £40,000 results in an estimated price of approximately £68,215.
4 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.538 % | £40,000 | £28,215 | £68,215 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 64.725 % | £25,889 | £65,889 |
3 Month Average | 58.350 % | £23,339 | £63,339 |
6 Month Average | 55.254 % | £22,101 | £62,101 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £145,865 | £144,000 | 18 ELMDEN COURT |
25 Aug 2023 | £50,441 | £50,000 | 26 REGENCY LODGE |
1 Aug 2023 | £75,662 | £75,000 | 5 REGENCY LODGE |
24 Feb 2023 | £49,961 | £49,995 | 39 REGENCY LODGE |
12 Sep 2022 | £74,399 | £75,000 | 3 REGENCY LODGE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Elmden Court |
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Feb 2024 | Drugs | Awaiting court outcome | On or near Sports/Recreation Area |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |