£500,244
This estimated value is based upon the latest sale price for the house of £325,000 on 17 Jul 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £325,000 | 17 Jul 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 July 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £325,000 results in an estimated price of approximately £500,244.
| 17 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £325,000 | £175,244 | £500,244 |
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 | 37.081 % | £120,512 | £445,512 |
| 3 Month Average | 64.961 % | £211,124 | £536,124 |
| 6 Month Average | 51.889 % | £168,639 | £493,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £742,826 | £720,000 | TWINSMERE CHURCH ROAD |
| 2 Nov 2023 | £846,487 | £825,000 | OAKDENE OAK ROAD |
| 23 Oct 2023 | £613,944 | £600,000 | RECTORY COTTAGE CHURCH ROAD |
| 22 Sep 2023 | £211,155 | £206,500 | 7 HAMSTERS CLOSE |
| 15 Jun 2023 | £372,464 | £365,000 | CHARITY COTTAGE TWINSTEAD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bishop'S Lane |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bishop'S Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Collins Road |
| Apr 2024 | Anti-social behaviour | On or near Amos Hill |