£191,849
This estimated value is based upon the latest sale price for the house of £81,000 on 16 May 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Templemead
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| Price Paid | Date |
|---|---|
| £81,000 | 16 May 2003 |
| £48,000 | 31 Jul 2001 |
| £31,000 | 11 Jul 1995 |
| 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 May 2003 the House Price Index for ESSEX was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £81,000 results in an estimated price of approximately £191,849.
| 16 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £81,000 | £110,849 | £191,849 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 130.646 % | £105,823 | £186,823 |
| 3 Month Average | 76.313 % | £61,813 | £142,813 |
| 6 Month Average | 104.595 % | £84,722 | £165,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £145,038 | £142,500 | FLAT 19 CROXALL COURT ARMOND ROAD |
| 7 Jul 2023 | £177,387 | £175,000 | FLAT 26 HAMILTON COURT TEMPLEMEAD |
| 31 Aug 2022 | £189,490 | £190,000 | FLAT 47 HAMILTON COURT TEMPLEMEAD |
| 16 Aug 2022 | £154,584 | £155,000 | FLAT 32 HAMILTON COURT TEMPLEMEAD |
| 14 Apr 2022 | £346,579 | £336,550 | 59 COLLINGWOOD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Templemead |
| Feb 2024 | Burglary | Under investigation | On or near Templemead |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Templemead |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Collingwood Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Collingwood Road |