£621,303
This estimated value is based upon the latest sale price for the house of £510,000 on 1 May 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £510,000 | 1 May 2020 |
| £355,000 | 31 Mar 2016 |
| 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 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £510,000 results in an estimated price of approximately £621,303.
| 1 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.824 % | £510,000 | £111,303 | £621,303 |
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 | 23.275 % | £118,702 | £628,702 |
| 3 Month Average | 27.664 % | £141,086 | £651,086 |
| 6 Month Average | 17.712 % | £90,330 | £600,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £652,203 | £650,000 | 32 ST PETERS ROAD |
| 18 Jan 2023 | £709,270 | £715,500 | 31 ST PETERS ROAD |
| 28 Feb 2022 | £752,011 | £720,000 | 16 NEW CAPTAINS ROAD |
| 2 Sep 2021 | £1,851,342 | £1,725,000 | 17 COAST ROAD |
| 29 Jun 2021 | £662,527 | £620,000 | 47 CHURCHFIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Peter'S Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area |