£58,612
This estimated value is based upon the latest sale price for the house of £49,000 on 30 Sep 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £49,000 | 30 Sep 2020 |
| £37,500 | 21 Oct 2002 |
| 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £49,000 results in an estimated price of approximately £58,612.
| 30 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £49,000 | £9,612 | £58,612 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | -18.269 % | £-8,951 | £40,048 |
| 3 Month Average | -2.401 % | £-1,176 | £47,823 |
| 6 Month Average | 14.119 % | £6,918 | £55,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £127,966 | £126,000 | 5 ELMDEN COURT |
| 15 Sep 2023 | £147,246 | £144,000 | 18 ELMDEN COURT |
| 25 Aug 2023 | £50,918 | £50,000 | 26 REGENCY LODGE |
| 1 Aug 2023 | £76,378 | £75,000 | 5 REGENCY LODGE |
| 24 Feb 2023 | £50,331 | £49,995 | 39 REGENCY LODGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Elmden Court |
| May 2024 | Drugs | Unable to prosecute suspect | On or near Elmden Court |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Elmden Court |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ramplings Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howard Vyse Court |