£282,452
This estimated value is based upon the latest sale price for the house of £280,000 on 8 Dec 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £280,000 | 8 Dec 2022 |
| £227,500 | 30 Jan 2019 |
| £170,000 | 30 Apr 2015 |
| £170,500 | 30 May 2008 |
| Semi-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 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 £280,000 results in an estimated price of approximately £282,452.
| 8 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £280,000 | £2,452 | £282,452 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | -20.205 % | £-56,573 | £223,426 |
| 3 Month Average | -15.247 % | £-42,692 | £237,307 |
| 6 Month Average | -11.573 % | £-32,403 | £247,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £196,023 | £190,000 | 6 JAMES GARDENS |
| 15 Jun 2023 | £209,192 | £205,000 | 34 MANFIELD GARDENS |
| 24 Mar 2023 | £406,793 | £400,000 | 47 MANFIELD GARDENS |
| 17 Feb 2023 | £216,446 | £215,000 | 15 JAMES GARDENS |
| 26 Jul 2022 | £270,207 | £267,500 | 161 CLACTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Manfield Gardens |
| Oct 2024 | Drugs | Investigation complete; no suspect identified | On or near Bypass Road |
| Oct 2024 | Drugs | Investigation complete; no suspect identified | On or near Bypass Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clacton Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clacton Road |