£398,709
This estimated value is based upon the latest sale price for the house of £370,000 on 23 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £370,000 | 23 Sep 2021 |
| £156,995 | 19 Oct 2001 |
| £78,995 | 11 Jul 1997 |
| 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 September 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £370,000 results in an estimated price of approximately £398,709.
| 23 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £370,000 | £28,709 | £398,709 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | -28.998 % | £-107,291 | £262,708 |
| 3 Month Average | 4.080 % | £15,094 | £385,094 |
| 6 Month Average | 0.064 % | £235 | £370,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £288,905 | £283,850 | 49 DUMONT AVENUE |
| 15 Jun 2023 | £379,598 | £375,000 | 2 DUMONT AVENUE |
| 13 Jan 2023 | £403,101 | £405,000 | 225 POINT CLEAR ROAD |
| 30 Jun 2022 | £456,451 | £450,000 | 52 DUMONT AVENUE |
| 29 Mar 2022 | £378,236 | £365,000 | 233 POINT CLEAR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Beacon Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Beacon Way |
| Mar 2024 | Anti-social behaviour | On or near Dumont Avenue | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dumont Avenue |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Dumont Avenue |