£383,000
This estimated value is based upon the latest sale price for the house of £310,000 on 26 Jun 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £310,000 | 26 Jun 2019 |
| £275,000 | 11 Dec 2014 |
| £230,000 | 30 Sep 2004 |
| £170,000 | 18 Jan 2002 |
| £95,000 | 18 Apr 1995 |
| 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £310,000 results in an estimated price of approximately £383,000.
| 26 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £310,000 | £73,000 | £383,000 |
The Postcode Pricing Model uses changes in average sales price within the CO7 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 | -16.796 % | £-52,067 | £257,932 |
| 3 Month Average | -15.078 % | £-46,742 | £263,257 |
| 6 Month Average | -3.071 % | £-9,518 | £300,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £554,706 | £545,000 | THE BUNGALOW CHAPEL LANE |
| 25 Aug 2023 | £327,868 | £325,000 | WINTON MARY LANE SOUTH |
| 27 Oct 2022 | £173,630 | £175,500 | 16 RANSOM COURT HARWICH ROAD |
| 25 Aug 2022 | £598,389 | £600,000 | WISTERIA HOUSE BACK LANE EAST |
| 5 Aug 2022 | £1,378,404 | £1,382,114 | ASHFERN HOUSE HARWICH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mary Lane South |
| Feb 2024 | Anti-social behaviour | On or near Fairfield Close | |
| Feb 2024 | Anti-social behaviour | On or near Fairfield Close | |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Harwich Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Harwich Road |