£583,881
This estimated value is based upon the latest sale price for the house of £462,500 on 1 Mar 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £462,500 | 1 Mar 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 March 2018 the House Price Index for ESSEX was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £462,500 results in an estimated price of approximately £583,881.
| 1 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £462,500 | £121,381 | £583,881 |
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 | 57.251 % | £264,785 | £727,285 |
| 3 Month Average | 17.737 % | £82,033 | £544,533 |
| 6 Month Average | 12.516 % | £57,888 | £520,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £186,614 | £182,500 | 11 RAMPARTS CLOSE |
| 14 Sep 2023 | £403,904 | £395,000 | 6 MONARCH LANE |
| 22 Aug 2023 | £376,796 | £370,000 | OAKHAM CHILTON CLOSE |
| 20 Apr 2023 | £555,388 | £545,000 | 49 COACH ROAD |
| 24 Oct 2022 | £423,585 | £425,000 | 16 BRAEBURN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Unable to prosecute suspect | On or near Monarch Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spartan Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Spartan Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spartan Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Spartan Close |