£297,614
This estimated value is based upon the latest sale price for the house of £235,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £235,000 | 8 Dec 2017 |
| £164,500 | 19 Nov 2004 |
| 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 December 2017 the House Price Index for ESSEX was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £235,000 results in an estimated price of approximately £297,614.
| 8 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £235,000 | £62,614 | £297,614 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | -6.646 % | £-15,619 | £219,380 |
| 3 Month Average | 11.624 % | £27,315 | £262,315 |
| 6 Month Average | 9.888 % | £23,237 | £258,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £219,997 | £215,000 | 27 LAXTON GROVE |
| 22 Aug 2023 | £384,943 | £378,000 | MONTROSE PORK LANE |
| 27 Feb 2023 | £352,354 | £350,000 | 14 ORCHARD DRIVE |
| 6 Oct 2022 | £368,768 | £370,000 | 20 LAXTON GROVE |
| 25 May 2022 | £405,566 | £395,000 | THE BRAMBLES PORK LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Pork Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pork Lane |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Pork Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prospect Park |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Great Holland Court |