£625,516
This estimated value is based upon the latest sale price for the house of £365,000 on 8 Oct 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £365,000 | 8 Oct 2010 |
| £345,999 | 9 Jul 2004 |
| Semi-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 2010 the House Price Index for ESSEX was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £365,000 results in an estimated price of approximately £625,516.
| 8 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 149.7 | 71.374 % | £365,000 | £260,516 | £625,516 |
The Postcode Pricing Model uses changes in average sales price within the CO6 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 | 54.896 % | £200,370 | £565,370 |
| 3 Month Average | 61.801 % | £225,573 | £590,573 |
| 6 Month Average | 61.258 % | £223,591 | £588,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £357,064 | £348,000 | 1 THE CASTINGS |
| 21 Sep 2023 | £270,973 | £265,000 | 6 THOMAS BELL ROAD |
| 23 Jun 2023 | £60,884 | £59,664 | 84 THOMAS BELL ROAD |
| 17 Apr 2023 | £331,195 | £325,000 | 32 MASSINGHAM DRIVE |
| 17 Mar 2023 | £323,401 | £318,000 | 9 MASSINGHAM DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Local resolution | On or near Massingham Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Massingham Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Castings |
| Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near The Castings |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Castings |