£487,887
This estimated value is based upon the latest sale price for the house of £91,995 on 28 Feb 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £91,995 | 28 Feb 1997 |
| 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 February 1997 the House Price Index for ESSEX was 28.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 430.342%.Applying this 430.342% change to the original purchase price of £91,995 results in an estimated price of approximately £487,887.
| 28 Feb 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.2 | 149.7 | 430.342 % | £91,995 | £395,892 | £487,887 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 424.487 % | £390,506 | £482,501 |
| 3 Month Average | 377.092 % | £346,905 | £438,900 |
| 6 Month Average | 404.246 % | £371,886 | £463,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2022 | £512,396 | £510,000 | 2 FELLOWES CLOSE |
| 7 Jan 2022 | £254,448 | £240,000 | 36 PETO AVENUE |
| 22 Nov 2021 | £326,856 | £300,000 | 7 RIDDLES DRIVE |
| 30 Sep 2021 | £241,539 | £222,500 | 10 PETO AVENUE |
| 29 Jun 2021 | £237,791 | £220,000 | 58 PETO AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Riddles Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gresley Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranborne Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranborne Close |
| Jun 2024 | Vehicle crime | Under investigation | On or near Thornton Drive |