£279,788
This estimated value is based upon the latest sale price for the house of £227,000 on 20 Feb 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £227,000 | 20 Feb 2020 |
| Semi-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 February 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £227,000 results in an estimated price of approximately £279,788.
| 20 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £227,000 | £52,788 | £279,788 |
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 | 36.973 % | £83,929 | £310,929 |
| 3 Month Average | 8.168 % | £18,542 | £245,542 |
| 6 Month Average | 10.686 % | £24,257 | £251,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Feb 2023 | £528,531 | £525,000 | 60 CANTERBURY ROAD |
| 22 Jul 2022 | £338,391 | £335,000 | 41 THE CHASE |
| 15 Jul 2022 | £338,391 | £335,000 | 31 CANTERBURY ROAD |
| 25 Mar 2022 | £302,741 | £290,000 | 63 THE CHASE |
| 20 Jan 2022 | £670,045 | £632,000 | 163 KINGS PARADE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernwood Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fernwood Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fernwood Avenue |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Fernwood Avenue |
| Jul 2024 | Public order | Under investigation | On or near The Chase |