£321,004
This estimated value is based upon the latest sale price for the house of £315,000 on 3 Apr 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £315,000 | 3 Apr 2023 |
| £134,500 | 18 Mar 2002 |
| £65,000 | 19 Mar 1998 |
| £69,000 | 11 Aug 1997 |
| 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 April 2023 the House Price Index for ESSEX was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £315,000 results in an estimated price of approximately £321,004.
| 3 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £315,000 | £6,004 | £321,004 |
The Postcode Pricing Model uses changes in average sales price within the CO7 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 | 1.436 % | £4,524 | £319,524 |
| 3 Month Average | -1.051 % | £-3,310 | £311,689 |
| 6 Month Average | -10.657 % | £-33,568 | £281,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £330,000 | £330,000 | 49 HOLLY WAY |
| 23 Nov 2023 | £543,804 | £530,000 | 23 CHURCH ROAD |
| 2 Nov 2023 | £384,767 | £375,000 | 19 CHURCH ROAD |
| 20 Oct 2023 | £225,113 | £220,000 | 7 LUCERNE ROAD |
| 25 Aug 2023 | £259,684 | £255,000 | 18 HOLLY WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glebe Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glebe Close |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| May 2024 | Violence and sexual offences | Offender given a caution | On or near Petrol Station |
| Jul 2024 | Vehicle crime | Under investigation | On or near Holly Way |