£623,766
This estimated value is based upon the latest sale price for the house of £465,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Welbeck Close
More crime details
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| Price Paid | Date |
|---|---|
| £465,000 | 22 Jul 2016 |
| £355,000 | 5 Oct 2012 |
| £320,000 | 25 Feb 2005 |
| £330,000 | 23 Sep 2003 |
| 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 July 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £465,000 results in an estimated price of approximately £623,766.
| 22 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £465,000 | £158,766 | £623,766 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | 32.321 % | £150,290 | £615,290 |
| 3 Month Average | 10.431 % | £48,506 | £513,506 |
| 6 Month Average | 13.712 % | £63,762 | £528,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £420,679 | £410,000 | 15 BOSWORTH CLOSE |
| 6 Oct 2023 | £395,994 | £387,000 | 7 BOSWORTH CLOSE |
| 9 Aug 2023 | £661,939 | £650,000 | 238 MAIN ROAD |
| 30 Jun 2023 | £392,873 | £385,000 | 17 BOSWORTH CLOSE |
| 21 Jun 2023 | £510,225 | £500,000 | 10 UPLANDS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Welbeck Close |
| Sep 2024 | Burglary | Under investigation | On or near Bosworth Close |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Hill Lane |
| Oct 2024 | Anti-social behaviour | On or near White Hart Lane |