£156,589
This estimated value is based upon the latest sale price for the house of £150,000 on 29 Mar 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £150,000 | 29 Mar 2022 |
| 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 March 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £150,000 results in an estimated price of approximately £156,589.
| 29 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £150,000 | £6,589 | £156,589 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 14.257 % | £21,385 | £171,385 |
| 3 Month Average | 4.385 % | £6,576 | £156,576 |
| 6 Month Average | 8.486 % | £12,728 | £162,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £286,507 | £280,000 | 8 GATEFIELD CLOSE |
| 13 Sep 2023 | £204,508 | £200,000 | 1 ERNEST LUFF COURT LUFF WAY |
| 8 Nov 2022 | £209,023 | £210,000 | 186 ELM TREE AVENUE |
| 26 Aug 2022 | £270,264 | £269,000 | 3 DEVEREAUX CLOSE |
| 8 Jul 2022 | £328,289 | £325,000 | 5 DEVEREAUX CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Gatefield Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gatefield Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Garden Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Luff Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Elm Tree Avenue |