£616,252
This estimated value is based upon the latest sale price for the house of £556,950 on 15 Oct 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £556,950 | 15 Oct 2021 |
| £174,000 | 15 Mar 2005 |
| £72,000 | 12 Oct 1995 |
| 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 October 2021 the House Price Index for ESSEX was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £556,950 results in an estimated price of approximately £616,252.
| 15 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £556,950 | £59,302 | £616,252 |
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 | -0.529 % | £-2,947 | £554,002 |
| 3 Month Average | 16.969 % | £94,510 | £651,460 |
| 6 Month Average | 1.811 % | £10,087 | £567,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £580,151 | £570,000 | 8 ASHEN ROAD |
| 27 Sep 2023 | £25,324 | £25,000 | WAKESHALL FARM WAKES HALL LANE |
| 12 Sep 2023 | £400,116 | £395,000 | SMITHS COTTAGE TILBURY HILL |
| 7 Jul 2023 | £734,891 | £725,000 | BELLE HOUSE CLARE ROAD |
| 23 Jun 2023 | £495,502 | £489,500 | KNOWLES COTTAGE KNOWL GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashen Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Park/Open Space |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Green |