£512,685
This estimated value is based upon the latest sale price for the house of £415,000 on 19 Mar 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £415,000 | 19 Mar 2019 |
| £199,995 | 4 Jul 2003 |
| £155,000 | 17 Jul 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 March 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £415,000 results in an estimated price of approximately £512,685.
| 19 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £415,000 | £97,685 | £512,685 |
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 | 50.814 % | £210,877 | £625,877 |
| 3 Month Average | 27.749 % | £115,159 | £530,159 |
| 6 Month Average | 16.183 % | £67,160 | £482,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £552,000 | £552,000 | 5 LEA SIDE |
| 13 Jul 2022 | £671,808 | £670,000 | 4 FIVE GABLES CHASE |
| 21 Apr 2022 | £648,773 | £630,000 | 16 THE COVERTS |
| 31 Jan 2022 | £644,600 | £612,500 | 5 FARRIERS CHASE |
| 27 Sep 2021 | £689,659 | £640,000 | 4 FARRIERS CHASE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Five Gables Chase |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Five Gables Chase |
| Feb 2024 | Public order | Under investigation | On or near Broomhills Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Broomhills Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broomhills Road |