£370,345
This estimated value is based upon the latest sale price for the house of £192,500 on 3 Sep 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£192,500 | 3 Sep 2004 |
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 September 2004 the House Price Index for ESSEX was 77.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 92.387%.Applying this 92.387% change to the original purchase price of £192,500 results in an estimated price of approximately £370,345.
3 Sep 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 149.7 | 92.387 % | £192,500 | £177,845 | £370,345 |
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 | 55.905 % | £107,616 | £300,116 |
3 Month Average | 71.762 % | £138,141 | £330,641 |
6 Month Average | 74.123 % | £142,687 | £335,187 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2023 | £130,351 | £128,000 | 2 MYRTLE COTTAGES THORPE ROAD |
1 Mar 2023 | £559,341 | £550,000 | THE RECTORY THE STREET |
11 Jan 2023 | £651,741 | £650,000 | TENDRING VIEW CROW LANE |
26 Sep 2022 | £779,479 | £780,000 | CHURCH FARM HOUSE LODGE LANE |
8 Jul 2022 | £595,972 | £590,000 | TWIN RIDGES THE STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Unable to prosecute suspect | On or near Thorpe Road |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near The Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
May 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Heath Road |