£478,968
This estimated value is based upon the latest sale price for the house of £387,500 on 4 Sep 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £387,500 | 4 Sep 2019 |
| £217,500 | 28 Mar 2002 |
| 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 September 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £387,500 results in an estimated price of approximately £478,968.
| 4 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £387,500 | £91,468 | £478,968 |
The Postcode Pricing Model uses changes in average sales price within the CO5 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 | 4.911 % | £19,028 | £406,528 |
| 3 Month Average | 19.961 % | £77,349 | £464,849 |
| 6 Month Average | 13.383 % | £51,860 | £439,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £457,022 | £450,000 | 2 STONEHILL WAY |
| 4 Sep 2023 | £664,652 | £650,000 | 8 FIRS HAMLET |
| 14 Mar 2023 | £406,793 | £400,000 | 11A CITY ROAD |
| 9 Sep 2022 | £714,523 | £715,000 | 9A CITY ROAD |
| 2 Sep 2022 | £821,951 | £822,500 | 10 FIRS HAMLET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near The Lane |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Carriers Close |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near City Road |
| Jul 2024 | Public order | Under investigation | On or near City Road |
| Jun 2024 | Anti-social behaviour | On or near Parking Area |