£257,767
This estimated value is based upon the latest sale price for the house of £170,000 on 24 Sep 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Hereford Road
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| Price Paid | Date |
|---|---|
| £170,000 | 24 Sep 2014 |
| £112,500 | 31 Jul 2009 |
| £112,500 | 31 Jul 2009 |
| £54,500 | 11 Dec 1998 |
| 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 September 2014 the House Price Index for ESSEX was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £170,000 results in an estimated price of approximately £257,767.
| 24 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £170,000 | £87,767 | £257,767 |
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 | 35.798 % | £60,856 | £230,856 |
| 3 Month Average | 44.418 % | £75,509 | £245,509 |
| 6 Month Average | 47.784 % | £81,232 | £251,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £368,148 | £362,000 | 18 INGARFIELD ROAD |
| 22 Jul 2022 | £338,391 | £335,000 | 41 THE CHASE |
| 25 Mar 2022 | £302,741 | £290,000 | 63 THE CHASE |
| 17 May 2021 | £387,057 | £340,000 | 87 HEREFORD ROAD |
| 4 Dec 2020 | £326,051 | £282,000 | 77 HEREFORD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Hereford Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernwood Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fernwood Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fernwood Avenue |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Fernwood Avenue |