£440,743
This estimated value is based upon the latest sale price for the house of £129,950 on 29 Jun 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £129,950 | 29 Jun 2001 |
| 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 June 2001 the House Price Index for ESSEX was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £129,950 results in an estimated price of approximately £440,743.
| 29 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 148.6 | 239.164 % | £129,950 | £310,793 | £440,743 |
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 | 233.394 % | £303,295 | £433,245 |
| 3 Month Average | 195.859 % | £254,518 | £384,468 |
| 6 Month Average | 190.016 % | £246,926 | £376,876 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £284,208 | £280,000 | 25 SUNNYSIDE WAY |
| 14 Jun 2023 | £271,286 | £268,000 | 24 LEYS DRIVE |
| 2 Jun 2023 | £273,311 | £270,000 | 23 SUNNYSIDE WAY |
| 10 Mar 2023 | £279,635 | £277,000 | 7 LEYS DRIVE |
| 30 Nov 2022 | £365,572 | £370,000 | 9 VILLAGE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Leys Drive |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Hazelwood Crescent |
| Apr 2024 | Anti-social behaviour | On or near Stonehall Drive | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Stonehall Drive |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Barrington Close |