£333,258
This estimated value is based upon the latest sale price for the house of £92,500 on 19 Dec 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Second Avenue
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| Price Paid | Date |
|---|---|
| £92,500 | 19 Dec 2000 |
| £49,000 | 23 May 1997 |
| Flats/Maisonettes |
| Leasehold |
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 December 2000 the House Price Index for ESSEX was 41.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 260.280%.Applying this 260.280% change to the original purchase price of £92,500 results in an estimated price of approximately £333,258.
| 19 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.6 | 260.280 % | £92,500 | £240,758 | £333,258 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 347.790 % | £321,706 | £414,206 |
| 3 Month Average | 178.959 % | £165,537 | £258,037 |
| 6 Month Average | 227.627 % | £210,554 | £303,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2022 | £391,836 | £395,000 | FLAT 4 IVANHOE, 47 SECOND AVENUE |
| 6 Sep 2022 | £892,790 | £900,000 | COURTLANDS FIRST AVENUE |
| 21 Apr 2022 | £391,324 | £380,000 | FLAT 16 BROADLANDS HOLLAND ROAD |
| 23 Jun 2021 | £911,986 | £850,000 | REDWOOD FIRST AVENUE |
| 14 Apr 2021 | £903,343 | £800,000 | ALBANY HOUSE FIRST AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Second Avenue |
| Apr 2024 | Public order | Under investigation | On or near Second Avenue |
| Apr 2024 | Anti-social behaviour | On or near Second Avenue | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Second Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |