£375,784
This estimated value is based upon the latest sale price for the house of £312,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £312,000 | 27 Mar 2020 |
| £174,000 | 16 May 2008 |
| Semi-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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £312,000 results in an estimated price of approximately £375,784.
| 27 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £312,000 | £63,784 | £375,784 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | -9.905 % | £-30,904 | £281,095 |
| 3 Month Average | -8.831 % | £-27,554 | £284,445 |
| 6 Month Average | -0.732 % | £-2,283 | £309,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £342,572 | £337,500 | 39 COLCHESTER ROAD |
| 8 Sep 2023 | £379,857 | £375,000 | 4 ELM AVENUE |
| 23 Aug 2023 | £242,118 | £240,000 | 148 WOODFIELD COTTAGES |
| 17 Aug 2023 | £262,295 | £260,000 | 38 WOOD ROAD |
| 31 Jul 2023 | £299,025 | £295,000 | 17 COLCHESTER ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 27 Nov 2019. Using an estimated price of £375,784 means this house is valued at £4,473 per sq meter (£415 per sq foot).
The average size of a house on COLCHESTER ROAD is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Local resolution | On or near B1022 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hazelwood Court |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Hazelwood Court |
| Mar 2024 | Anti-social behaviour | On or near Glebe Road | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Glebe Road |