£797,038
This estimated value is based upon the latest sale price for the house of £425,000 on 4 Mar 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £425,000 | 4 Mar 2005 |
| 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 2005 the House Price Index for ESSEX was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £425,000 results in an estimated price of approximately £797,038.
| 4 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £425,000 | £372,038 | £797,038 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 62.515 % | £265,688 | £690,688 |
| 3 Month Average | 73.082 % | £310,599 | £735,599 |
| 6 Month Average | 80.451 % | £341,916 | £766,916 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £766,906 | £750,000 | 23 QUEENS ROAD |
| 27 Apr 2023 | £499,340 | £490,000 | 13 THE AVENUE |
| 16 Feb 2023 | £850,683 | £845,000 | 3 VICTORIA ROAD |
| 2 Sep 2022 | £724,516 | £725,000 | 32 VICTORIA ROAD |
| 19 Aug 2022 | £738,453 | £735,000 | 26 VICTORIA ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Nov 2024 | Burglary | Investigation complete; no suspect identified | On or near Cambridge Road |
| Oct 2024 | Burglary | Under investigation | On or near Roddam Close |
| Nov 2024 | Other theft | Under investigation | On or near West Lodge Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Christ Church Court |