£516,890
This estimated value is based upon the latest sale price for the house of £137,950 on 7 Jul 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Ridgeway
More crime details
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| Price Paid | Date |
|---|---|
| £137,950 | 7 Jul 2000 |
| £113,950 | 24 Aug 1998 |
| 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 2000 the House Price Index for ESSEX was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £137,950 results in an estimated price of approximately £516,890.
| 7 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 149.7 | 274.694 % | £137,950 | £378,940 | £516,890 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 95.584 % | £131,857 | £269,807 |
| 3 Month Average | 273.163 % | £376,828 | £514,778 |
| 6 Month Average | 243.020 % | £335,246 | £473,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £368,156 | £362,500 | 29 MAYFLOWER DRIVE |
| 30 Nov 2023 | £505,327 | £492,500 | 37 MAYFLOWER DRIVE |
| 28 Jun 2023 | £441,345 | £432,500 | 4 MIROSA REACH |
| 28 Sep 2021 | £607,919 | £560,000 | 43 MAYFLOWER DRIVE |
| 4 Dec 2020 | £554,980 | £480,000 | 16 MARINERS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Unable to prosecute suspect | On or near Ridgeway |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridgeway |
| Jul 2024 | Drugs | Local resolution | On or near Memory Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Johnston Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Johnston Way |