£373,754
This estimated value is based upon the latest sale price for the house of £245,000 on 7 Aug 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £245,000 | 7 Aug 2014 |
| 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 August 2014 the House Price Index for ESSEX was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £245,000 results in an estimated price of approximately £373,754.
| 7 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £245,000 | £128,754 | £373,754 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | -2.539 % | £-6,219 | £238,780 |
| 3 Month Average | 37.368 % | £91,551 | £336,551 |
| 6 Month Average | 43.852 % | £107,437 | £352,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £368,500 | £368,500 | 18 GRASMERE GARDENS |
| 19 Sep 2023 | £455,031 | £445,000 | 2 SNAPE WAY |
| 24 Feb 2023 | £432,892 | £430,000 | 17 HOGARTH END |
| 30 Jan 2023 | £350,938 | £350,000 | 9 SNAPE WAY |
| 24 Jan 2023 | £463,238 | £462,000 | 2 RUSKIN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Hogarth End |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Poynter Place |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Poynter Place |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blaine Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Larneys |