£216,216
This estimated value is based upon the latest sale price for the house of £175,000 on 14 Nov 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £175,000 | 14 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 sq feet |
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 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £175,000 results in an estimated price of approximately £216,216.
| 14 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £175,000 | £41,216 | £216,216 |
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 | 0.610 % | £1,067 | £176,067 |
| 3 Month Average | 13.519 % | £23,657 | £198,657 |
| 6 Month Average | 5.498 % | £9,622 | £184,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £184,840 | £182,000 | 26 COTTAGE GROVE |
| 29 Aug 2023 | £361,520 | £355,000 | 10 MINSMERE DRIVE |
| 24 Aug 2023 | £355,410 | £349,000 | 11 COTTAGE GROVE |
| 2 Jun 2023 | £255,112 | £250,000 | 34 COTTAGE GROVE |
| 17 Mar 2023 | £449,507 | £442,000 | 30 COTTAGE GROVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 7 Dec 2018. Using an estimated price of £216,217 means this house is valued at £2,882 per sq meter (£267 per sq foot).
The average size of a house on COTTAGE GROVE is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orwell Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cedar Mews |
| Jun 2024 | Public order | Under investigation | On or near Cedar Mews |
| May 2024 | Violence and sexual offences | Under investigation | On or near Minsmere Drive |
| Jun 2024 | Burglary | Unable to prosecute suspect | On or near Orchard Close |