£582,826
This estimated value is based upon the latest sale price for the house of £310,000 on 27 Jan 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £310,000 | 27 Jan 2005 |
| 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 January 2005 the House Price Index for ESSEX was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £310,000 results in an estimated price of approximately £582,826.
| 27 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 148.6 | 88.008 % | £310,000 | £272,826 | £582,826 |
The Postcode Pricing Model uses changes in average sales price within the CO5 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 | 91.746 % | £284,412 | £594,412 |
| 3 Month Average | 74.099 % | £229,707 | £539,707 |
| 6 Month Average | 78.416 % | £243,090 | £553,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £661,575 | £650,000 | 18 PRINCE ALBERT ROAD |
| 14 Jun 2023 | £455,518 | £450,000 | 7 SHEARS CRESCENT |
| 3 Mar 2023 | £307,901 | £305,000 | 10 KINGSLAND CLOSE |
| 2 Feb 2023 | £609,590 | £610,000 | 4 BROOMHILLS ROAD |
| 4 Mar 2022 | £686,524 | £662,500 | 21 PRINCE ALBERT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shears Crescent |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Shears Crescent |
| Feb 2024 | Public order | Under investigation | On or near Broomhills Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Broomhills Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broomhills Road |