£404,621
This estimated value is based upon the latest sale price for the house of £327,500 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £327,500 | 14 Jun 2019 |
| £122,000 | 27 Nov 1997 |
| 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 June 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £327,500 results in an estimated price of approximately £404,621.
| 14 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £327,500 | £77,121 | £404,621 |
The Postcode Pricing Model uses changes in average sales price within the CO7 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 | -16.796 % | £-55,006 | £272,493 |
| 3 Month Average | -15.078 % | £-49,381 | £278,118 |
| 6 Month Average | -3.071 % | £-10,056 | £317,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £193,384 | £190,000 | 20 JOHNSON DRIVE |
| 23 Nov 2023 | £537,965 | £530,000 | 23 CHURCH ROAD |
| 2 Nov 2023 | £380,635 | £375,000 | 19 CHURCH ROAD |
| 20 Apr 2023 | £323,483 | £320,000 | PARK HOUSE CLACTON ROAD |
| 31 Jan 2023 | £597,187 | £600,000 | AUTUMN HOUSE CLACTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Chapel Lane |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chapel Lane |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Chapel Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old School Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hatchcroft Gardens |