£557,054
This estimated value is based upon the latest sale price for the house of £320,000 on 22 Jul 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £320,000 | 22 Jul 2011 |
| £106,500 | 4 Aug 2000 |
| 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 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £320,000 results in an estimated price of approximately £557,054.
| 22 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £320,000 | £237,054 | £557,054 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 102.169 % | £326,940 | £646,940 |
| 3 Month Average | 49.228 % | £157,530 | £477,530 |
| 6 Month Average | 61.565 % | £197,009 | £517,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £200,000 | £200,000 | 42 RIGBY AVENUE |
| 27 Oct 2023 | £327,437 | £320,000 | 26 MIDDLEFIELD ROAD |
| 31 Aug 2023 | £181,269 | £178,000 | FLAT 26 SECRET BUNKER SHRUBLAND ROAD |
| 3 Mar 2023 | £284,755 | £280,000 | 2 T C K COTTAGES THE HEATH |
| 17 Feb 2023 | £377,522 | £375,000 | BLACKSMITHS ARMS THE HEATH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Clacton Road | |
| Apr 2024 | Anti-social behaviour | On or near Clacton Road | |
| Apr 2024 | Anti-social behaviour | On or near Clacton Road | |
| Apr 2024 | Anti-social behaviour | On or near Clacton Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Clacton Road |