£293,798
This estimated value is based upon the latest sale price for the house of £115,000 on 23 Dec 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £115,000 | 23 Dec 2002 |
| £35,000 | 19 Apr 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 878 sq feet |
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 December 2002 the House Price Index for ESSEX was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £115,000 results in an estimated price of approximately £293,798.
| 23 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 149.7 | 155.477 % | £115,000 | £178,798 | £293,798 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 157.271 % | £180,861 | £295,861 |
| 3 Month Average | 134.383 % | £154,540 | £269,540 |
| 6 Month Average | 145.480 % | £167,301 | £282,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £350,779 | £340,000 | 2 HILL ROAD |
| 26 Oct 2023 | £332,553 | £325,000 | 25 STATION LANE |
| 12 Oct 2023 | £92,092 | £90,000 | 9 STEELE HOUSE HIGH STREET |
| 30 Jun 2023 | £295,930 | £290,000 | PATTRICKS HOUSE PATTRICKS LANE |
| 31 Mar 2023 | £195,261 | £192,000 | 288 HIGH STREET |
This house has a floor area of 81 sq meters or 878 sq feet when measured on 15 Jul 2009. Using an estimated price of £293,799 means this house is valued at £3,600 per sq meter (£334 per sq foot).
There is one other house on the street which we know the size of, this is 3 MILL CLOSE it is 82.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Under investigation | On or near Mill Close |
| Oct 2024 | Shoplifting | Under investigation | On or near Mill Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mill Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mill Close |
| Oct 2024 | Burglary | Under investigation | On or near Paddock Close |