£318,537
This estimated value is based upon the latest sale price for the house of £133,500 on 16 May 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £133,500 | 16 May 2003 |
| 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 May 2003 the House Price Index for ESSEX was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £133,500 results in an estimated price of approximately £318,537.
| 16 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £133,500 | £185,037 | £318,537 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 154.514 % | £206,276 | £339,776 |
| 3 Month Average | 155.319 % | £207,350 | £340,850 |
| 6 Month Average | 141.660 % | £189,116 | £322,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £379,151 | £367,500 | 12 VIRLEY CLOSE |
| 10 Oct 2023 | £358,134 | £350,000 | 42 LIMBOURNE DRIVE |
| 12 Sep 2023 | £373,227 | £365,000 | 44 COOPERS AVENUE |
| 4 Aug 2023 | £356,429 | £350,000 | 11 COOPERS AVENUE |
| 22 Jun 2023 | £505,123 | £495,000 | 12 COOPERS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mayland Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mayland Close |
| Sep 2024 | Public order | Formal action is not in the public interest | On or near Virley Close |
| Sep 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Virley Close |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Virley Close |