£266,519
This estimated value is based upon the latest sale price for the house of £127,500 on 26 Mar 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £127,500 | 26 Mar 2004 |
| £69,500 | 23 Jan 2001 |
| £56,000 | 16 Apr 1999 |
| 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 March 2004 the House Price Index for ESSEX was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £127,500 results in an estimated price of approximately £266,519.
| 26 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £127,500 | £139,019 | £266,519 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | 89.496 % | £114,106 | £241,606 |
| 3 Month Average | 76.309 % | £97,293 | £224,793 |
| 6 Month Average | 95.269 % | £121,467 | £248,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 May 2022 | £252,763 | £248,000 | 3 ARIEL CLOSE |
| 28 Feb 2022 | £230,713 | £220,000 | 35 CYRIL CHILD CLOSE |
| 17 Jan 2022 | £242,054 | £230,000 | 12 CYRIL CHILD CLOSE |
| 2 Aug 2021 | £223,118 | £199,995 | 1 ARIEL CLOSE |
| 30 Jun 2021 | £259,648 | £242,000 | 132 MAGNOLIA DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Arrow Road |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Leam Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Leam Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cyril Child Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cyril Child Close |