£389,102
This estimated value is based upon the latest sale price for the house of £225,000 on 4 Aug 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 4 Aug 2006 |
| £175,000 | 27 Jan 2006 |
| £169,950 | 25 Mar 2004 |
| £59,000 | 3 Jan 1995 |
| Semi-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 August 2006 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.934%.Applying this 72.934% change to the original purchase price of £225,000 results in an estimated price of approximately £389,102.
| 4 Aug 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.934 % | £225,000 | £164,102 | £389,102 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 51.845 % | £116,651 | £341,651 |
| 3 Month Average | 64.405 % | £144,910 | £369,910 |
| 6 Month Average | 66.047 % | £148,605 | £373,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £412,681 | £400,000 | 1 BARLEYFIELD DRIVE |
| 15 Aug 2023 | £130,351 | £128,000 | 2 MYRTLE COTTAGES THORPE ROAD |
| 11 Jan 2023 | £651,741 | £650,000 | TENDRING VIEW CROW LANE |
| 4 Mar 2022 | £328,839 | £315,000 | 3 MYRTLE COTTAGES THORPE ROAD |
| 14 Dec 2021 | £397,185 | £368,000 | THE BRIGHTSIDE THORPE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Thorpe Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near St Andrew'S Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Andrews Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near St Andrews Close |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near The Street |