£278,452
This estimated value is based upon the latest sale price for the house of £152,500 on 11 Nov 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Young Close
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| Price Paid | Date |
|---|---|
| £152,500 | 11 Nov 2005 |
| £122,000 | 16 Sep 2002 |
| £56,000 | 12 Dec 1996 |
| £48,000 | 8 Sep 1995 |
| 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 November 2005 the House Price Index for ESSEX was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £152,500 results in an estimated price of approximately £278,452.
| 11 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £152,500 | £125,952 | £278,452 |
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 | 41.185 % | £62,807 | £215,307 |
| 3 Month Average | 62.066 % | £94,651 | £247,151 |
| 6 Month Average | 59.097 % | £90,122 | £242,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £260,260 | £258,000 | 87 HAMPSTEAD AVENUE |
| 21 Apr 2023 | £234,384 | £230,000 | 11 MARIGOLD AVENUE |
| 24 Mar 2023 | £279,671 | £275,000 | 25 YOUNG CLOSE |
| 17 Jun 2022 | £224,805 | £220,000 | 128 HAMPSTEAD AVENUE |
| 11 Mar 2022 | £229,665 | £220,000 | 91 HAMPSTEAD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Young Close |
| May 2024 | Burglary | Under investigation | On or near Young Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Geranium Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Geranium Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Geranium Close |