£6,221,565
This estimated value is based upon the latest sale price for the house of £4,800,000 on 6 Mar 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £4,800,000 | 6 Mar 2017 |
| 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 March 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £4,800,000 results in an estimated price of approximately £6,221,565.
| 6 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £4,800,000 | £1,421,565 | £6,221,565 |
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 | -50.396 % | £-2,419,009 | £2,380,990 |
| 3 Month Average | -3.125 % | £-149,994 | £4,650,005 |
| 6 Month Average | 4.005 % | £192,233 | £4,992,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £160,814 | £158,000 | FLAT 12 PARKLAND COURT RECREATION ROAD |
| 8 Dec 2023 | £407,123 | £400,000 | 21 PHILBRICK CLOSE |
| 29 Sep 2023 | £151,943 | £150,000 | FLAT 6 PARKLAND COURT RECREATION ROAD |
| 11 Sep 2023 | £238,044 | £235,000 | 93 PORT LANE |
| 16 Jun 2023 | £163,986 | £162,000 | FLAT 9 PARKLAND COURT RECREATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Smiths Field |
| Feb 2024 | Other theft | Under investigation | On or near Smiths Field |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scarletts Road |
| Apr 2024 | Drugs | Local resolution | On or near Distillery Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Distillery Lane |