£264,226
This estimated value is based upon the latest sale price for the house of £90,000 on 17 May 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £90,000 | 17 May 2002 |
| 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 2002 the House Price Index for ESSEX was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £90,000 results in an estimated price of approximately £264,226.
| 17 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £90,000 | £174,226 | £264,226 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 292.481 % | £263,233 | £353,233 |
| 3 Month Average | 180.273 % | £162,245 | £252,245 |
| 6 Month Average | 165.265 % | £148,738 | £238,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £280,110 | £273,000 | 83 GRAVEL HILL WAY |
| 8 Aug 2023 | £285,143 | £280,000 | 6 VAUX AVENUE |
| 17 Jun 2022 | £270,788 | £265,000 | 39 GOODLAKE CLOSE |
| 15 Nov 2021 | £256,037 | £235,000 | 99 GRAVEL HILL WAY |
| 11 Nov 2021 | £259,306 | £238,000 | 26 OXENFORD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near The Dales |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jubilee Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jubilee Close |
| Apr 2024 | Anti-social behaviour | On or near Arderne Close | |
| Apr 2024 | Anti-social behaviour | On or near Arderne Close |