£229,827
This estimated value is based upon the latest sale price for the house of £129,000 on 20 Aug 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £129,000 | 20 Aug 2009 |
| £128,000 | 1 Aug 2003 |
| £91,500 | 10 Jul 2002 |
| £54,000 | 26 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 766 sq feet |
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 August 2009 the House Price Index for ESSEX was 82.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 78.161%.Applying this 78.161% change to the original purchase price of £129,000 results in an estimated price of approximately £229,827.
| 20 Aug 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 146.7 | 78.161 % | £129,000 | £100,827 | £229,827 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 147.734 % | £190,576 | £319,576 |
| 3 Month Average | 54.871 % | £70,783 | £199,783 |
| 6 Month Average | 73.762 % | £95,153 | £224,153 |
This house has a floor area of 71 sq meters or 766 sq feet when measured on 4 Sep 2009.
The average size of a house on COLNE ROAD is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Birch Drive |
| Jan 2024 | Other theft | Formal action is not in the public interest | On or near Upper Fenn Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Upper Fenn Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Tree Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Colne Road |