£1,868,027
This estimated value is based upon the latest sale price for the house of £545,000 on 16 May 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £545,000 | 16 May 2001 |
| £375,000 | 21 Oct 1999 |
| £240,000 | 24 Jan 1996 |
| 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 2001 the House Price Index for ESSEX was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £545,000 results in an estimated price of approximately £1,868,027.
| 16 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £545,000 | £1,323,027 | £1,868,027 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 221.741 % | £1,208,490 | £1,753,490 |
| 3 Month Average | 276.952 % | £1,509,387 | £2,054,387 |
| 6 Month Average | 262.634 % | £1,431,357 | £1,976,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £669,860 | £664,000 | TALBOT LODGE RECTORY ROAD |
| 21 Jun 2023 | £328,985 | £325,000 | 48 MEADOW VIEW ROAD |
| 27 Apr 2023 | £515,551 | £510,000 | SWALLOWSDRIFT RECTORY FARM |
| 20 Mar 2023 | £190,798 | £189,000 | FLAT 5 BALLINGDON GROVE MIDDLETON ROAD |
| 10 Feb 2023 | £295,801 | £296,000 | 52 MEADOW VIEW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Amos Hill |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Rectory Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rectory Road |
| Mar 2024 | Public order | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Other theft | Under investigation | On or near Middleton Road |