£638,806
This estimated value is based upon the latest sale price for the house of £334,500 on 3 Sep 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £334,500 | 3 Sep 2004 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 September 2004 the House Price Index for ESSEX was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £334,500 results in an estimated price of approximately £638,806.
| 3 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £334,500 | £304,306 | £638,806 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 125.617 % | £420,187 | £754,687 |
| 3 Month Average | 54.049 % | £180,794 | £515,294 |
| 6 Month Average | 74.267 % | £248,422 | £582,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £334,274 | £330,000 | 37 COLNE ROAD |
| 10 Nov 2022 | £385,332 | £390,000 | 28 BOIS HALL GARDENS |
| 28 Oct 2022 | £440,260 | £445,000 | 3 CHURCHILL AVENUE |
| 20 Sep 2022 | £491,035 | £495,000 | 42 COLNE ROAD |
| 22 Jul 2022 | £466,255 | £465,000 | 11 BOIS HALL GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 Nov 2012. Using an estimated price of £638,807 means this house is valued at £7,604 per sq meter (£706 per sq foot).
There is one other house on the street which we know the size of, this is 6 PORTWAY COURT it is 144.3
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bois Hall Gardens |
| Dec 2023 | Drugs | Local resolution | On or near Bois Hall Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morton Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Winston Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Reynolds Drive |