£428,723
This estimated value is based upon the latest sale price for the house of £425,000 on 5 Dec 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £425,000 | 5 Dec 2022 |
| £210,000 | 4 Aug 2014 |
| £100,000 | 30 Jun 2001 |
| Terraced |
| 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 2022 the House Price Index for ESSEX was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £425,000 results in an estimated price of approximately £428,723.
| 5 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £425,000 | £3,723 | £428,723 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | 13.404 % | £56,968 | £481,968 |
| 3 Month Average | 14.136 % | £60,077 | £485,077 |
| 6 Month Average | 3.104 % | £13,191 | £438,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £366,298 | £357,000 | 4 LEE LOTTS |
| 31 Aug 2022 | £376,762 | £375,000 | 173 HIGH STREET |
| 3 May 2022 | £390,165 | £380,000 | 60 LEE LOTTS |
| 8 Mar 2022 | £313,180 | £300,000 | 170 HIGH STREET |
| 25 Feb 2022 | £369,760 | £350,000 | 18 LEE LOTTS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Moreland Close | |
| May 2024 | Other theft | Under investigation | On or near Moreland Close |
| May 2024 | Public order | Local resolution | On or near Moreland Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Moreland Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rushley Close |