£993,728
This estimated value is based upon the latest sale price for the house of £795,000 on 8 Jan 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £795,000 | 8 Jan 2018 |
| 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 January 2018 the House Price Index for ESSEX was 118.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.997%.Applying this 24.997% change to the original purchase price of £795,000 results in an estimated price of approximately £993,728.
| 8 Jan 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.0 | 24.997 % | £795,000 | £198,728 | £993,728 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 23.530 % | £187,060 | £982,060 |
| 3 Month Average | -4.366 % | £-34,713 | £760,286 |
| 6 Month Average | 14.690 % | £116,786 | £911,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £817,735 | £810,000 | 10 CHANTRY GROVE |
| 14 Jul 2023 | £676,398 | £670,000 | 18 BLACKSMITHS LANE |
| 19 Aug 2022 | £170,349 | £171,500 | 7 PONEYS THE STREET |
| 1 Aug 2022 | £397,315 | £400,000 | 15 BLACKSMITHS LANE |
| 22 Jun 2022 | £555,631 | £550,000 | 16 WITHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Mackmurdo Place |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Warrens |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Poney Chase |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Wellands |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Wellands |