£492,620
This estimated value is based upon the latest sale price for the house of £370,000 on 24 Aug 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £370,000 | 24 Aug 2016 |
| £197,000 | 11 Oct 2002 |
| £130,000 | 19 Nov 1999 |
| 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 August 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £370,000 results in an estimated price of approximately £492,620.
| 24 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £370,000 | £122,620 | £492,620 |
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 | 26.116 % | £96,629 | £466,629 |
| 3 Month Average | 18.148 % | £67,146 | £437,146 |
| 6 Month Average | 23.058 % | £85,314 | £455,314 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £344,404 | £340,000 | 53 WILKIN DRIVE |
| 3 Feb 2023 | £334,775 | £335,000 | 39 WILKIN DRIVE |
| 18 May 2022 | £560,562 | £550,000 | 78 WILKIN DRIVE |
| 12 Apr 2022 | £354,251 | £344,000 | 7 SOUTHGATE CRESCENT |
| 4 Feb 2022 | £561,052 | £535,000 | 35 WILKIN DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Southgate Crescent |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Tawell Mews |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Tawell Mews |
| Mar 2024 | Burglary | Under investigation | On or near Grove Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Road |