£1,207,663
This estimated value is based upon the latest sale price for the house of £980,000 on 24 Oct 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £980,000 | 24 Oct 2018 |
| £550,000 | 7 Nov 2003 |
| £475,000 | 9 Aug 2000 |
| 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 October 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 23.231%.Applying this 23.231% change to the original purchase price of £980,000 results in an estimated price of approximately £1,207,663.
| 24 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £980,000 | £227,663 | £1,207,663 |
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 | 40.461 % | £396,522 | £1,376,522 |
| 3 Month Average | 5.344 % | £52,366 | £1,032,366 |
| 6 Month Average | 8.019 % | £78,590 | £1,058,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £554,854 | £550,000 | 28 LANDERMERE ROAD |
| 17 Mar 2023 | £393,709 | £390,000 | 27 OAK CLOSE |
| 5 Aug 2022 | £448,792 | £450,000 | 24 ABBEY CRESCENT |
| 22 Jul 2022 | £235,634 | £235,000 | SILVERDENE ABBEY STREET |
| 16 Sep 2021 | £511,856 | £475,000 | 2 ABBEY CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Anti-social behaviour | On or near Digby Way | |
| Feb 2024 | Anti-social behaviour | On or near Digby Way | |
| Feb 2024 | Anti-social behaviour | On or near Digby Way | |
| Feb 2024 | Drugs | Local resolution | On or near Hall Lane |