£358,837
This estimated value is based upon the latest sale price for the house of £272,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £272,000 | 28 Oct 2016 |
| £238,000 | 24 Sep 2014 |
| £215,000 | 29 Apr 2014 |
| £69,000 | 6 Jun 1997 |
| 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 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £272,000 results in an estimated price of approximately £358,837.
| 28 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.0 | 31.926 % | £272,000 | £86,837 | £358,837 |
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 | 9.423 % | £25,631 | £297,631 |
| 3 Month Average | 17.747 % | £48,272 | £320,272 |
| 6 Month Average | 22.123 % | £60,174 | £332,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £316,068 | £315,000 | 35 GREEN LANE |
| 13 Dec 2023 | £289,477 | £284,000 | 3 BEDFORD CLOSE |
| 12 Dec 2023 | £315,978 | £310,000 | 17 ELTON WALK |
| 19 Jun 2023 | £282,289 | £280,000 | 31 MILLWRIGHTS |
| 4 Apr 2023 | £468,482 | £465,000 | 46 GREEN LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Millwrights |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Millwrights |
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Bijou Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Carolina Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Arnold Villas |