£243,375
This estimated value is based upon the latest sale price for the house of £105,000 on 21 Aug 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £105,000 | 21 Aug 2003 |
| £38,000 | 16 May 1997 |
| 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 August 2003 the House Price Index for ESSEX was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £105,000 results in an estimated price of approximately £243,375.
| 21 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 149.7 | 131.786 % | £105,000 | £138,375 | £243,375 |
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 | 243.230 % | £255,391 | £360,391 |
| 3 Month Average | 125.867 % | £132,160 | £237,160 |
| 6 Month Average | 103.988 % | £109,186 | £214,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £282,338 | £278,000 | 111 HARWICH ROAD |
| 25 Aug 2023 | £300,418 | £295,000 | 7 BAY VIEW CRESCENT |
| 21 Apr 2023 | £193,622 | £190,000 | 7 LODGE ROAD |
| 21 Mar 2023 | £294,925 | £290,000 | 125 HARWICH ROAD |
| 26 Oct 2022 | £259,134 | £260,000 | 121 HARWICH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Under investigation | On or near Lodge Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bay View Crescent |
| May 2024 | Possession of weapons | Unable to prosecute suspect | On or near Harwich Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mayes Lane |
| Apr 2024 | Burglary | Awaiting court outcome | On or near Mayes Lane |