£454,530
This estimated value is based upon the latest sale price for the house of £365,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £365,000 | 3 May 2019 |
| £248,000 | 5 Dec 2007 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 May 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £365,000 results in an estimated price of approximately £454,530.
| 3 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £365,000 | £89,530 | £454,530 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | 1.490 % | £5,437 | £370,437 |
| 3 Month Average | 14.103 % | £51,477 | £416,477 |
| 6 Month Average | 22.617 % | £82,552 | £447,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £296,099 | £287,000 | 88 THORPE ROAD |
| 15 Aug 2023 | £176,178 | £173,000 | 1 THE SHELTONS |
| 11 Apr 2023 | £254,765 | £250,000 | 42 THORPE ROAD |
| 6 Apr 2023 | £484,054 | £475,000 | 6 ALDRICH CLOSE |
| 6 Jan 2023 | £251,672 | £251,000 | 55 THORPE ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 21 Mar 2019. Using an estimated price of £454,530 means this house is valued at £3,695 per sq meter (£343 per sq foot).
The average size of a house on THE SHELTONS is 108 sq meters (1,171 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near The Sheltons |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Sheltons |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Station Road |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tildesley Close |