£285,423
This estimated value is based upon the latest sale price for the house of £237,000 on 2 Jul 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £237,000 | 2 Jul 2020 |
| £210,000 | 9 May 2017 |
| 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 July 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £237,000 results in an estimated price of approximately £285,423.
| 2 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £237,000 | £48,423 | £285,423 |
The Postcode Pricing Model uses changes in average sales price within the CO7 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 | 3.527 % | £8,358 | £245,358 |
| 3 Month Average | -0.982 % | £-2,326 | £234,673 |
| 6 Month Average | 9.461 % | £22,422 | £259,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £361,419 | £358,000 | HAZELMERE COLCHESTER MAIN ROAD |
| 19 Jun 2023 | £478,883 | £475,000 | 11 COACH ROAD |
| 14 Apr 2023 | £292,172 | £290,000 | 33 COPPICE ROAD |
| 22 Sep 2022 | £345,794 | £350,000 | 2 ASH ROAD |
| 20 Sep 2022 | £274,166 | £277,500 | 31 LAXTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Ash Road |
| Feb 2024 | Other theft | Under investigation | On or near Ash Road |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Worcester Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath Road |