£280,093
This estimated value is based upon the latest sale price for the house of £59,995 on 27 Nov 1998. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £59,995 | 27 Nov 1998 |
| 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 November 1998 the House Price Index for ESSEX was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £59,995 results in an estimated price of approximately £280,093.
| 27 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.861 % | £59,995 | £220,098 | £280,093 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 407.965 % | £244,758 | £304,753 |
| 3 Month Average | 323.160 % | £193,879 | £253,874 |
| 6 Month Average | 332.931 % | £199,741 | £259,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2024 | £270,000 | £270,000 | 17 SPURGEON CLOSE |
| 2 Nov 2023 | £323,204 | £315,000 | 10 CAMBRIDGE AVENUE |
| 23 Jun 2023 | £331,646 | £325,000 | 26 ALEXANDRA ROAD |
| 27 Apr 2023 | £260,880 | £256,000 | 31 ALEXANDRA ROAD |
| 24 Mar 2023 | £223,736 | £220,000 | 19 ALEXANDRA ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spurgeon Close |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
| Sep 2024 | Other theft | Under investigation | On or near Petrol Station |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |