£284,001
This estimated value is based upon the latest sale price for the house of £217,500 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£217,500 | 10 Mar 2017 |
£162,500 | 27 Jul 2007 |
£66,000 | 13 Mar 2000 |
£48,000 | 27 Jun 1997 |
Terraced |
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 March 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £217,500 results in an estimated price of approximately £284,001.
10 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £217,500 | £66,501 | £284,001 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 18.494 % | £40,225 | £257,725 |
3 Month Average | 14.803 % | £32,195 | £249,695 |
6 Month Average | 21.089 % | £45,869 | £263,369 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Feb 2023 | £251,681 | £250,000 | 24 LYDGATE CLOSE |
4 Nov 2022 | £236,892 | £238,000 | 5 BARKER CLOSE |
14 Sep 2022 | £314,790 | £315,000 | 41 LYDGATE CLOSE |
17 Dec 2021 | £279,541 | £259,000 | 22 BARKER CLOSE |
30 Sep 2021 | £260,537 | £240,000 | 33 LYDGATE CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Harvey Close |
Apr 2024 | Anti-social behaviour | On or near Burrows Close | |
Apr 2024 | Anti-social behaviour | On or near Burrows Close | |
Apr 2024 | Anti-social behaviour | On or near Burrows Close | |
Apr 2024 | Anti-social behaviour | On or near Burrows Close |