£134,531
This estimated value is based upon the latest sale price for the house of £105,000 on 7 Jun 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £105,000 | 7 Jun 2017 |
| £96,000 | 9 Nov 2006 |
| £32,000 | 31 May 1996 |
| Flats/Maisonettes |
| Leasehold |
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 £105,000 results in an estimated price of approximately £134,531.
| 7 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £105,000 | £29,531 | £134,531 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | -39.431 % | £-41,402 | £63,597 |
| 3 Month Average | 1.295 % | £1,360 | £106,360 |
| 6 Month Average | 0.159 % | £167 | £105,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £91,603 | £90,000 | FLAT 224 CRANMERE COURT EXETER DRIVE |
| 7 Nov 2023 | £142,104 | £140,000 | FLAT 8 STOPES HOUSE EAGLEGATE |
| 4 Apr 2023 | £205,415 | £203,203 | 5 THE BREWERY TOWER EAGLEGATE |
| 11 Nov 2022 | £309,748 | £313,500 | 24 HEREFORD ROAD |
| 12 May 2022 | £110,074 | £108,000 | FLAT 228 CRANMERE COURT EXETER DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Exeter Drive |
| Apr 2024 | Anti-social behaviour | On or near Eaglegate | |
| Apr 2024 | Anti-social behaviour | On or near Eaglegate | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eaglegate |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eaglegate |