£491,155
This estimated value is based upon the latest sale price for the house of £480,000 on 2 Oct 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Cromwell Lane
More crime details
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| Price Paid | Date |
|---|---|
| £480,000 | 2 Oct 2023 |
| 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 2023 the House Price Index for ESSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £480,000 results in an estimated price of approximately £491,155.
| 2 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £480,000 | £11,155 | £491,155 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 12.197 % | £58,545 | £538,545 |
| 3 Month Average | 9.049 % | £43,436 | £523,436 |
| 6 Month Average | 7.507 % | £36,032 | £516,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £746,965 | £730,000 | 3A CROMWELL HILL |
| 2 Oct 2023 | £491,155 | £480,000 | 11 CROMWELL LANE |
| 2 Oct 2023 | £327,437 | £320,000 | 7 BEELEIGH ROAD |
| 23 Jun 2023 | £352,055 | £345,000 | 4 HILL HOUSE HILL HOUSE PARK |
| 2 Mar 2022 | £401,914 | £385,000 | 5 BEELEIGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Cromwell Lane |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Cromwell Hill |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Mill Lane |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Mill Lane |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Beeleigh Road |