£339,422
This estimated value is based upon the latest sale price for the house of £97,000 on 30 Mar 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £97,000 | 30 Mar 2001 |
| 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 2001 the House Price Index for ESSEX was 42.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 249.920%.Applying this 249.920% change to the original purchase price of £97,000 results in an estimated price of approximately £339,422.
| 30 Mar 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 148.6 | 249.920 % | £97,000 | £242,422 | £339,422 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 236.803 % | £229,698 | £326,698 |
| 3 Month Average | 251.178 % | £243,642 | £340,642 |
| 6 Month Average | 267.772 % | £259,738 | £356,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £279,133 | £275,000 | HOPE VILLA KORNDYK AVENUE |
| 24 Aug 2023 | £176,544 | £175,000 | FLAT 10 OYSTER COURT, 5 - 11 ELDER TREE ROAD |
| 21 Mar 2023 | £151,427 | £150,000 | FLAT 16 OYSTER COURT, 5 - 11 ELDER TREE ROAD |
| 27 May 2022 | £305,761 | £300,000 | 3 KORNDYK AVENUE |
| 13 May 2022 | £163,073 | £160,000 | FLAT 12 OYSTER COURT, 5 - 11 ELDER TREE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Knightswick Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knightswick Road |
| Feb 2024 | Anti-social behaviour | On or near Knightswick Road | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Knightswick Road |
| Feb 2024 | Criminal damage and arson | Local resolution | On or near Knightswick Road |