£214,584
This estimated value is based upon the latest sale price for the house of £200,000 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 24 Jun 2021 |
| £190,000 | 20 Nov 2018 |
| £153,000 | 22 Jan 2016 |
| £115,000 | 3 Apr 2014 |
| £118,000 | 11 Jul 2007 |
| £100,000 | 3 Jan 2006 |
| £68,000 | 1 Feb 2002 |
| Flats/Maisonettes |
| Leasehold |
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 June 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £200,000 results in an estimated price of approximately £214,584.
| 24 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £200,000 | £14,584 | £214,584 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | -23.913 % | £-47,826 | £152,173 |
| 3 Month Average | -18.189 % | £-36,377 | £163,622 |
| 6 Month Average | -7.075 % | £-14,149 | £185,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £319,080 | £315,000 | 24 MERCER AVENUE |
| 7 Jul 2023 | £326,596 | £322,200 | 21 OLIVERS CRESCENT |
| 20 Jan 2023 | £268,734 | £270,000 | 77 HIGH STREET |
| 27 Jul 2022 | £330,891 | £330,000 | 160 HIGH STREET |
| 23 Jun 2022 | £355,017 | £350,000 | 1 OLIVERS CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Awaiting court outcome | On or near Orchard Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Crouchmans Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crouchmans Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mercer Avenue |
| Jan 2024 | Burglary | Under investigation | On or near Mercer Avenue |