£295,030
This estimated value is based upon the latest sale price for the house of £173,000 on 11 May 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £173,000 | 11 May 2012 |
| £59,950 | 8 Dec 1997 |
| Semi-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 May 2012 the House Price Index for ESSEX was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £173,000 results in an estimated price of approximately £295,030.
| 11 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £173,000 | £122,030 | £295,030 |
The Postcode Pricing Model uses changes in average sales price within the CO7 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 | 26.775 % | £46,321 | £219,321 |
| 3 Month Average | 24.223 % | £41,906 | £214,906 |
| 6 Month Average | 45.829 % | £79,284 | £252,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £321,114 | £316,360 | 4 BOBBITS WAY |
| 7 Sep 2023 | £351,494 | £347,000 | 13 CLAREMONT ROAD |
| 14 Aug 2023 | £403,530 | £400,000 | 2 CASTLEWARD CLOSE |
| 14 Aug 2023 | £564,942 | £560,000 | 16 CASTLEWARD CLOSE |
| 4 Aug 2023 | £296,595 | £294,000 | 11 CONWAY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Sandford Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bowes Road |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Paget Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Hill |