£91,663
This estimated value is based upon the latest sale price for the house of £72,500 on 23 Jan 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£72,500 | 23 Jan 2018 |
£65,000 | 9 Jan 2017 |
£80,000 | 27 Jun 2014 |
£72,000 | 6 Jul 2007 |
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 January 2018 the House Price Index for ESSEX was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £72,500 results in an estimated price of approximately £91,663.
23 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £72,500 | £19,163 | £91,663 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 26.678 % | £19,341 | £91,841 |
3 Month Average | 9.810 % | £7,111 | £79,611 |
6 Month Average | 12.291 % | £8,910 | £81,410 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £157,847 | £155,000 | 34 COLNE WAY |
26 Jun 2023 | £173,476 | £170,000 | 74 COLNE WAY |
21 Jun 2023 | £173,476 | £170,000 | 32 COLNE WAY |
17 Feb 2023 | £347,320 | £345,000 | 22 NEW WAY |
10 Feb 2023 | £88,088 | £87,500 | 1 CRUCE WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Norman Way |
Jul 2024 | Other theft | Under investigation | On or near Cruce Way |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cruce Way |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Cruce Way |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cruce Way |