£508,573
This estimated value is based upon the latest sale price for the house of £275,000 on 20 May 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 20 May 2005 |
| 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 2005 the House Price Index for ESSEX was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £275,000 results in an estimated price of approximately £508,573.
| 20 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.936 % | £275,000 | £233,573 | £508,573 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 116.058 % | £319,158 | £594,158 |
| 3 Month Average | 111.698 % | £307,168 | £582,168 |
| 6 Month Average | 99.295 % | £273,061 | £548,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £243,108 | £240,000 | 1 PARK COTTAGE THE PARK |
| 17 Aug 2023 | £332,912 | £330,000 | 4 MALTHOUSE ROAD |
| 7 Aug 2023 | £180,075 | £178,500 | 69 MALTHOUSE ROAD |
| 31 Mar 2023 | £257,425 | £255,000 | 38 NEW ROAD |
| 23 Feb 2023 | £584,607 | £585,000 | MISTLEY LODGE MEWS THE PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Erskine Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Erskine Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Park |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Park |
| Jan 2024 | Bicycle theft | Unable to prosecute suspect | On or near The Park |