£403,063
This estimated value is based upon the latest sale price for the house of £91,000 on 18 May 1999. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£91,000 | 18 May 1999 |
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 May 1999 the House Price Index for ESSEX was 33.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 342.927%.Applying this 342.927% change to the original purchase price of £91,000 results in an estimated price of approximately £403,063.
18 May 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.5 | 148.6 | 342.927 % | £91,000 | £312,063 | £403,063 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 347.821 % | £316,517 | £407,517 |
3 Month Average | 452.625 % | £411,888 | £502,888 |
6 Month Average | 449.204 % | £408,775 | £499,775 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £395,051 | £390,000 | 108 BUTCHERS LANE |
8 Aug 2022 | £289,221 | £290,000 | 4 BURNHAM CLOSE |
7 Jan 2022 | £342,033 | £325,000 | 73 BUTCHERS LANE |
6 Dec 2021 | £289,272 | £270,000 | 110 BUTCHERS LANE |
27 Jul 2021 | £321,794 | £280,000 | 19 CHAMBERLAIN AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Butchers Lane |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Butchers Lane |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Butchers Lane |
Mar 2024 | Other crime | Under investigation | On or near Dairy Meadow Gardens |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Avenue |