£305,759
This estimated value is based upon the latest sale price for the house of £205,000 on 18 Dec 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £205,000 | 18 Dec 2014 |
| 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 December 2014 the House Price Index for ESSEX was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £205,000 results in an estimated price of approximately £305,759.
| 18 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £205,000 | £100,759 | £305,759 |
The Postcode Pricing Model uses changes in average sales price within the CO6 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 | 79.234 % | £162,430 | £367,430 |
| 3 Month Average | 40.849 % | £83,741 | £288,741 |
| 6 Month Average | 31.811 % | £65,211 | £270,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2021 | £432,606 | £400,000 | THE SETTLERS NEWBRIDGE HILL |
| 29 Mar 2021 | £1,057,453 | £950,000 | TOPAZ CHAPEL LANE |
| 4 Dec 2020 | £367,268 | £320,000 | FIRS CROFT CHAPEL LANE |
| 2 Nov 2020 | £550,693 | £475,000 | BEG MEIL QUEENS ROAD |
| 25 Sep 2020 | £753,987 | £635,000 | 6 NEWBRIDGE HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near The Retreat |
| Mar 2024 | Other crime | Under investigation | On or near Upton Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Upton Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Upton Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chapel Road |