£281,876
This estimated value is based upon the latest sale price for the house of £220,000 on 14 Jun 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £220,000 | 14 Jun 2017 |
| £162,000 | 8 Mar 2002 |
| 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 June 2017 the House Price Index for ESSEX was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £220,000 results in an estimated price of approximately £281,876.
| 14 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £220,000 | £61,876 | £281,876 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | -0.175 % | £-384 | £219,615 |
| 3 Month Average | 12.246 % | £26,940 | £246,940 |
| 6 Month Average | 15.251 % | £33,553 | £253,553 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £380,000 | £380,000 | 12 CORONATION VILLAS |
| 4 Sep 2023 | £698,937 | £690,000 | STONES GREEN COTTAGE COLCHESTER ROAD |
| 21 Aug 2023 | £499,369 | £495,000 | YORK VILLA CHAPEL ROAD |
| 23 Sep 2022 | £629,913 | £635,000 | SKIGHAUGH FARMHOUSE CLACTON ROAD |
| 8 Apr 2022 | £205,960 | £200,000 | DIANTHUS HARWICH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stone'S Green Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Stone'S Green Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Colchester Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Colchester Road |
| Apr 2024 | Anti-social behaviour | On or near Wix Road |