£678,166
This estimated value is based upon the latest sale price for the house of £490,000 on 15 Dec 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £490,000 | 15 Dec 2015 |
| £335,000 | 7 Mar 2003 |
| £38,000 | 20 Oct 2000 |
| £155,000 | 6 Oct 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 December 2015 the House Price Index for ESSEX was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £490,000 results in an estimated price of approximately £678,166.
| 15 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £490,000 | £188,166 | £678,166 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 26.981 % | £132,208 | £622,208 |
| 3 Month Average | 21.647 % | £106,070 | £596,070 |
| 6 Month Average | 40.626 % | £199,065 | £689,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £469,104 | £465,000 | 8 SPINDLE WOOD |
| 24 Jul 2023 | £687,250 | £678,000 | 4 VALLEYVIEW CLOSE |
| 17 Jul 2023 | £344,638 | £340,000 | 30 PAMPAS CLOSE |
| 2 Jun 2023 | £425,150 | £420,000 | 15 SPINDLE WOOD |
| 18 Mar 2022 | £616,576 | £595,000 | 4 REYNARDS COPSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Ridgeway |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Reynards Copse |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hurrell Down |
| Mar 2024 | Anti-social behaviour | On or near Victoria Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Victoria Gardens |