£132,585
This estimated value is based upon the latest sale price for the house of £82,000 on 18 Dec 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £82,000 | 18 Dec 2013 |
| £100,000 | 16 Jul 2009 |
| 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 December 2013 the House Price Index for ESSEX was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £82,000 results in an estimated price of approximately £132,585.
| 18 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £82,000 | £50,585 | £132,585 |
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 | 171.218 % | £140,398 | £222,398 |
| 3 Month Average | 75.446 % | £61,866 | £143,866 |
| 6 Month Average | 62.346 % | £51,123 | £133,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £350,779 | £340,000 | 2 HILL ROAD |
| 1 Dec 2023 | £196,023 | £190,000 | 17 NELSON ROAD |
| 26 Oct 2023 | £332,553 | £325,000 | 25 STATION LANE |
| 12 Oct 2023 | £92,092 | £90,000 | 9 STEELE HOUSE HIGH STREET |
| 31 Mar 2023 | £195,261 | £192,000 | 288 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Hill Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Lane |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Lane |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Station Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Lane |