£337,149
This estimated value is based upon the latest sale price for the house of £119,495 on 12 Jul 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£119,495 | 12 Jul 2002 |
£82,000 | 15 Oct 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 July 2002 the House Price Index for ESSEX was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £119,495 results in an estimated price of approximately £337,149.
12 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 149.7 | 182.145 % | £119,495 | £217,654 | £337,149 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 103.160 % | £123,271 | £242,766 |
3 Month Average | 130.565 % | £156,018 | £275,513 |
6 Month Average | 147.071 % | £175,742 | £295,237 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £355,461 | £350,000 | 24 HILLCREST |
6 Nov 2023 | £256,511 | £250,000 | 20 CRAIGFIELD AVENUE |
6 Oct 2023 | £304,414 | £297,500 | 3 HILLCREST |
4 Apr 2022 | £264,543 | £255,000 | 4 HILLCREST |
11 Mar 2022 | £328,839 | £315,000 | 21 CRAIGFIELD AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Craigfield Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest |
Jun 2024 | Anti-social behaviour | On or near Hillcrest | |
Jun 2024 | Anti-social behaviour | On or near Hillcrest | |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Hillcrest |