£317,957
This estimated value is based upon the latest sale price for the house of £275,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 18 Dec 2020 |
| £210,000 | 31 Jul 2014 |
| £164,000 | 1 Mar 2005 |
| Terraced |
| 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 £275,000 results in an estimated price of approximately £317,957.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £275,000 | £42,957 | £317,957 |
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 | 6.274 % | £17,252 | £292,252 |
| 3 Month Average | 3.670 % | £10,091 | £285,091 |
| 6 Month Average | 0.255 % | £700 | £275,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £241,714 | £238,000 | 3 CHAPEL ROAD |
| 15 Mar 2024 | £228,511 | £225,000 | 14 WHITEGATE ROAD |
| 15 Dec 2023 | £260,505 | £252,500 | 26 HURST GREEN |
| 30 Jun 2023 | £234,703 | £230,000 | 19 CHAPEL ROAD |
| 26 Aug 2022 | £251,174 | £250,000 | 69 CHAPEL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Oysters Reach |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Oysters Reach |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Margaret Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Margaret Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near John Street |