£414,929
This estimated value is based upon the latest sale price for the house of £375,000 on 29 Oct 2021. 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 Millers Close
More crime details
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| Price Paid | Date |
|---|---|
| £375,000 | 29 Oct 2021 |
| £315,000 | 16 May 2017 |
| £215,000 | 25 Sep 2015 |
| 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 2021 the House Price Index for ESSEX was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £375,000 results in an estimated price of approximately £414,929.
| 29 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £375,000 | £39,929 | £414,929 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | -16.116 % | £-60,436 | £314,563 |
| 3 Month Average | -15.771 % | £-59,140 | £315,859 |
| 6 Month Average | 0.117 % | £438 | £375,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £317,780 | £315,000 | 2A ALBERTINE CLOSE |
| 25 Jul 2023 | £283,820 | £280,000 | 27 SWEET BRIAR ROAD |
| 24 Jul 2023 | £388,479 | £383,250 | 4 RUGOSA CLOSE |
| 14 Mar 2023 | £439,137 | £435,000 | 2 MEADOWSTONE LONDON ROAD |
| 17 Feb 2023 | £494,667 | £495,000 | 122 LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Millers Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Millers Close |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Offender given a caution | On or near Petrol Station |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |