£425,406
This estimated value is based upon the latest sale price for the house of £250,000 on 2 Oct 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 2 Oct 2006 |
| £90,000 | 9 Sep 1996 |
| 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 October 2006 the House Price Index for ESSEX was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £250,000 results in an estimated price of approximately £425,406.
| 2 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.163 % | £250,000 | £175,406 | £425,406 |
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 | 80.937 % | £202,343 | £452,343 |
| 3 Month Average | 79.866 % | £199,664 | £449,664 |
| 6 Month Average | 79.615 % | £199,038 | £449,038 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £1,400,255 | £1,375,000 | WEST MERSEA HALL, 4 HIGH STREET |
| 4 Aug 2023 | £244,408 | £240,000 | 21 MELROSE ROAD |
| 28 Apr 2023 | £438,196 | £430,000 | 39 MELROSE ROAD |
| 17 Feb 2023 | £125,841 | £125,000 | FLAT 2 HALL BARN HIGH STREET |
| 31 Jan 2023 | £150,402 | £150,000 | FLAT 29 HALL BARN HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near High Street |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near High Street |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Melrose Road |
| Sep 2024 | Anti-social behaviour | On or near Church Road | |
| Sep 2024 | Anti-social behaviour | On or near Church Road |