£500,508
This estimated value is based upon the latest sale price for the house of £290,000 on 26 Apr 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £290,000 | 26 Apr 2011 |
| 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 April 2011 the House Price Index for ESSEX was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £290,000 results in an estimated price of approximately £500,508.
| 26 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £290,000 | £210,508 | £500,508 |
The Postcode Pricing Model uses changes in average sales price within the CO6 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 | 26.777 % | £77,654 | £367,654 |
| 3 Month Average | 48.846 % | £141,654 | £431,654 |
| 6 Month Average | 52.964 % | £153,595 | £443,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £275,000 | £275,000 | 58 THE WALK |
| 22 Nov 2023 | £333,465 | £325,000 | 2 THE WALK |
| 3 Nov 2023 | £323,204 | £315,000 | 19 SPRING LANE |
| 4 Aug 2023 | £371,704 | £365,000 | 1 ABBOTTS COTTAGES ABBOTTS LANE |
| 26 Apr 2023 | £443,291 | £435,000 | ROWAN CROFT HALSTEAD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Halstead Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near The Rise |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Walk |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heathfields |
| Oct 2024 | Anti-social behaviour | On or near Abbotts Lane |