£482,970
This estimated value is based upon the latest sale price for the house of £255,000 on 14 Jan 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £255,000 | 14 Jan 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 January 2005 the House Price Index for ESSEX was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £255,000 results in an estimated price of approximately £482,970.
| 14 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 149.7 | 89.400 % | £255,000 | £227,970 | £482,970 |
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 | 81.406 % | £207,584 | £462,584 |
| 3 Month Average | 80.235 % | £204,599 | £459,599 |
| 6 Month Average | 85.765 % | £218,700 | £473,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Sep 2022 | £502,664 | £503,000 | 7 LAPWING DRIVE |
| 8 Aug 2022 | £497,828 | £495,500 | 8 WIDGEON PLACE |
| 28 Mar 2022 | £527,186 | £505,000 | 7 AVOCET CLOSE |
| 7 Mar 2022 | £417,573 | £400,000 | 3 GODWIT COURT |
| 3 Feb 2022 | £528,229 | £500,000 | 6 AVOCET CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Riverside Way | |
| Sep 2024 | Anti-social behaviour | On or near Riverside Way | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Canonium Mews |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Canonium Mews |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canonium Mews |