£932,530
This estimated value is based upon the latest sale price for the house of £702,000 on 2 Sep 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £702,000 | 2 Sep 2016 |
| Semi-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 2016 the House Price Index for ESSEX was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £702,000 results in an estimated price of approximately £932,530.
| 2 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £702,000 | £230,530 | £932,530 |
The Postcode Pricing Model uses changes in average sales price within the CO7 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 | 17.328 % | £121,640 | £823,640 |
| 3 Month Average | -2.453 % | £-17,221 | £684,778 |
| 6 Month Average | 16.345 % | £114,745 | £816,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £214,307 | £212,000 | 4 PAGET ROAD |
| 2 Mar 2023 | £272,568 | £270,000 | 4 SANDFORD CLOSE |
| 8 Feb 2023 | £274,815 | £275,000 | 13 VALLEY ROAD |
| 31 May 2022 | £344,491 | £338,000 | 11 SANDFORD CLOSE |
| 4 Mar 2022 | £424,868 | £410,000 | 38 VALLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Sandford Close |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Paget Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Malting Yard |
| Apr 2024 | Other crime | Under investigation | On or near Claremont Road |