£282,938
This estimated value is based upon the latest sale price for the house of £165,000 on 6 Jul 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £165,000 | 6 Jul 2012 |
| £63,000 | 20 Dec 1995 |
| 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 July 2012 the House Price Index for ESSEX was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £165,000 results in an estimated price of approximately £282,938.
| 6 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £165,000 | £117,938 | £282,938 |
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 | 49.404 % | £81,517 | £246,517 |
| 3 Month Average | 78.214 % | £129,053 | £294,053 |
| 6 Month Average | 65.505 % | £108,083 | £273,083 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £685,000 | £685,000 | WALLRAVEN HOUSE PELDON ROAD |
| 28 Sep 2023 | £572,623 | £560,000 | 12 SAWKINS CLOSE |
| 28 Sep 2023 | £363,002 | £355,000 | 2 BROOM WAY |
| 28 Feb 2023 | £286,917 | £285,000 | 24 BROOM WAY |
| 30 Nov 2022 | £1,244,182 | £1,250,000 | CAPTAINS FIELD PELDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Broom Way |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Layer Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mulberry Gardens |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Abberton Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abberton Road |