£531,766
This estimated value is based upon the latest sale price for the house of £325,000 on 30 Oct 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £325,000 | 30 Oct 2013 |
| 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 October 2013 the House Price Index for ESSEX was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £325,000 results in an estimated price of approximately £531,766.
| 30 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £325,000 | £206,766 | £531,766 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 96.133 % | £312,433 | £637,433 |
| 3 Month Average | 72.851 % | £236,766 | £561,766 |
| 6 Month Average | 63.793 % | £207,326 | £532,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £1,281,384 | £1,265,000 | 2 LAWFORD PLACE |
| 24 Aug 2023 | £494,325 | £490,000 | 3 PARRINGTON WAY |
| 6 Apr 2023 | £520,605 | £515,000 | 20 LAWFORD PLACE |
| 27 Mar 2023 | £411,376 | £407,500 | 24 LAWFORD PLACE |
| 10 Jan 2023 | £492,679 | £495,000 | REDWOOD WIGNALL STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Meadway |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Milton Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Nichols Close |