£415,633
This estimated value is based upon the latest sale price for the house of £260,000 on 4 Apr 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £260,000 | 4 Apr 2008 |
| £89,500 | 7 Oct 1996 |
| 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 2008 the House Price Index for ESSEX was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £260,000 results in an estimated price of approximately £415,633.
| 4 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 149.7 | 59.859 % | £260,000 | £155,633 | £415,633 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 26.005 % | £67,612 | £327,612 |
| 3 Month Average | 43.341 % | £112,687 | £372,687 |
| 6 Month Average | 39.544 % | £102,814 | £362,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £368,500 | £368,500 | 18 GRASMERE GARDENS |
| 27 Mar 2024 | £342,258 | £337,000 | 4 CHARNOCK CLOSE |
| 19 Sep 2023 | £455,031 | £445,000 | 2 SNAPE WAY |
| 30 Jun 2023 | £140,822 | £138,000 | 31 HAWTHORNS |
| 30 Jan 2023 | £350,938 | £350,000 | 9 SNAPE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Mandeville Way | |
| Aug 2024 | Anti-social behaviour | On or near Mandeville Way | |
| Aug 2024 | Anti-social behaviour | On or near Mandeville Way | |
| Oct 2024 | Other theft | Under investigation | On or near Frietuna Road |
| Jul 2024 | Other crime | Action to be taken by another organisation | On or near Frietuna Road |