£489,654
This estimated value is based upon the latest sale price for the house of £423,500 on 16 Dec 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £423,500 | 16 Dec 2020 |
| £278,000 | 27 Jun 2014 |
| 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 December 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £423,500 results in an estimated price of approximately £489,654.
| 16 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £423,500 | £66,154 | £489,654 |
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 | 28.569 % | £120,991 | £544,491 |
| 3 Month Average | 12.801 % | £54,212 | £477,712 |
| 6 Month Average | 10.433 % | £44,184 | £467,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Feb 2023 | £332,219 | £330,000 | 32 STROOD CLOSE |
| 16 Jan 2023 | £318,852 | £318,000 | 10 SPRUCE CLOSE |
| 14 Oct 2022 | £326,410 | £327,500 | 18 STROOD CLOSE |
| 25 Jul 2022 | £404,049 | £400,000 | 9 SPRUCE CLOSE |
| 30 Jun 2022 | £255,461 | £250,000 | 12 FIRS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near New Captains Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mersea Avenue |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mersea Avenue |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mersea Avenue |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mersea Avenue |