£283,127
This estimated value is based upon the latest sale price for the house of £182,500 on 23 Nov 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £182,500 | 23 Nov 2007 |
| £84,995 | 26 Jun 2000 |
| £48,000 | 28 Feb 1997 |
| 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 November 2007 the House Price Index for ESSEX was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £182,500 results in an estimated price of approximately £283,127.
| 23 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £182,500 | £100,627 | £283,127 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 89.807 % | £163,896 | £346,396 |
| 3 Month Average | 24.352 % | £44,442 | £226,942 |
| 6 Month Average | 31.320 % | £57,158 | £239,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £279,897 | £275,000 | 23 LITCHFIELD CLOSE |
| 7 Jul 2023 | £254,424 | £251,000 | 12 LITCHFIELD CLOSE |
| 3 May 2022 | £270,089 | £265,000 | 103 LONDON ROAD |
| 27 Apr 2022 | £301,216 | £292,500 | 29 LITCHFIELD CLOSE |
| 14 Apr 2022 | £259,509 | £252,000 | 105 LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Litchfield Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Orchard Place |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orchard Place |
| Jan 2024 | Other crime | Under investigation | On or near Orchard Place |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orchard Place |