£731,771
This estimated value is based upon the latest sale price for the house of £425,000 on 28 Mar 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £425,000 | 28 Mar 2012 |
| £177,000 | 1 Feb 2000 |
| £140,340 | 25 Aug 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 March 2012 the House Price Index for ESSEX was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £425,000 results in an estimated price of approximately £731,771.
| 28 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £425,000 | £306,771 | £731,771 |
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 | 156.228 % | £663,967 | £1,088,967 |
| 3 Month Average | 90.422 % | £384,293 | £809,293 |
| 6 Month Average | 68.120 % | £289,509 | £714,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £288,877 | £280,000 | 12 GLEBE CLOSE |
| 4 Sep 2023 | £705,553 | £690,000 | STONES GREEN COTTAGE COLCHESTER ROAD |
| 31 Aug 2023 | £322,822 | £317,000 | NADINE COLCHESTER ROAD |
| 30 Sep 2022 | £309,793 | £310,000 | 4 SWEDISH ESTATE |
| 26 Aug 2022 | £462,161 | £460,000 | 4 ABBOTS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Colchester Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Clacton Road |
| May 2024 | Other theft | Under investigation | On or near Stone'S Green Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colchester Road |
| Jul 2024 | Anti-social behaviour | On or near Colchester Road |