£431,292
This estimated value is based upon the latest sale price for the house of £350,000 on 15 Nov 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 15 Nov 2018 |
| 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 November 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £350,000 results in an estimated price of approximately £431,292.
| 15 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £350,000 | £81,292 | £431,292 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 11.466 % | £40,129 | £390,129 |
| 3 Month Average | 24.338 % | £85,181 | £435,181 |
| 6 Month Average | 10.019 % | £35,066 | £385,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £254,452 | £250,000 | 27 ABBEY MEADOW |
| 28 Nov 2023 | £177,630 | £175,000 | 4 FRIARS CLOSE |
| 21 Sep 2023 | £698,937 | £690,000 | ANNEXE 40 CHURCH STREET |
| 22 Jul 2022 | £501,350 | £500,000 | 24 CASTLE MEADOW |
| 25 Feb 2022 | £456,182 | £435,000 | 21 CASTLE MEADOW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Friars Close |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Friars Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Street |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Hawthorns |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grays Mead |