£399,688
This estimated value is based upon the latest sale price for the house of £262,000 on 4 Aug 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £262,000 | 4 Aug 2014 |
| 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 2014 the House Price Index for ESSEX was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £262,000 results in an estimated price of approximately £399,688.
| 4 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £262,000 | £137,688 | £399,688 |
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 | 156.382 % | £409,719 | £671,719 |
| 3 Month Average | 46.739 % | £122,455 | £384,455 |
| 6 Month Average | 50.165 % | £131,431 | £393,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £405,000 | £405,000 | HOMELEIGH, 3 RECTORY ROAD |
| 14 Nov 2023 | £436,069 | £425,000 | THE FURROWS BUTLERS LANE |
| 20 Oct 2023 | £317,204 | £310,000 | 9 WHEATSHEAF CLOSE |
| 9 Aug 2023 | £611,020 | £600,000 | BROADVIEW ASH STREET |
| 28 Feb 2023 | £392,623 | £390,000 | 45 STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Butler'S Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wheatsheaf Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Wrabness Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wrabness Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wrabness Road |