£681,306
This estimated value is based upon the latest sale price for the house of £635,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £635,000 | 29 Jun 2021 |
| 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 June 2021 the House Price Index for ESSEX was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £635,000 results in an estimated price of approximately £681,306.
| 29 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £635,000 | £46,306 | £681,306 |
The Postcode Pricing Model uses changes in average sales price within the CO5 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 | 21.193 % | £134,577 | £769,577 |
| 3 Month Average | 11.429 % | £72,572 | £707,572 |
| 6 Month Average | 9.709 % | £61,654 | £696,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £220,467 | £217,500 | 4 PEARL WALK |
| 21 Jul 2023 | £623,390 | £615,000 | 18 FRERE WAY |
| 17 Jul 2023 | £474,537 | £468,150 | ATHLONE FERRY ROAD |
| 4 Nov 2022 | £455,483 | £461,000 | 12 FRERE WAY |
| 12 Sep 2022 | £644,793 | £650,000 | VIEWLANDS FERRY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Pyefleet Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ballast Quay Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ballast Quay Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Ballast Quay Road |
| Mar 2024 | Anti-social behaviour | On or near Ferry Road |