£376,571
This estimated value is based upon the latest sale price for the house of £365,000 on 5 Dec 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Price Paid | Date |
---|---|
£365,000 | 5 Dec 2023 |
£248,000 | 5 Nov 2004 |
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 December 2023 the House Price Index for ESSEX was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £365,000 results in an estimated price of approximately £376,571.
5 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £365,000 | £11,571 | £376,571 |
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 | -12.156 % | £-44,370 | £320,629 |
3 Month Average | -3.036 % | £-11,082 | £353,917 |
6 Month Average | -1.989 % | £-7,260 | £357,739 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 May 2024 | £300,000 | £300,000 | 102 SPENSER WAY |
10 Apr 2024 | £272,365 | £270,000 | 137 PARK SQUARE WEST |
5 Dec 2023 | £376,571 | £365,000 | 139 PARK SQUARE WEST |
27 Apr 2023 | £210,436 | £206,500 | 81 PARK SQUARE WEST |
11 Apr 2023 | £198,717 | £195,000 | 4 SPENSER WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Acorns |
Oct 2024 | Other crime | Under investigation | On or near Park Square West |
Oct 2024 | Other theft | Under investigation | On or near Park Square West |
Sep 2024 | Violence and sexual offences | Local resolution | On or near Frobisher Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Somerset Way |