£565,448
This estimated value is based upon the latest sale price for the house of £450,000 on 17 May 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £450,000 | 17 May 2018 |
| £350,000 | 23 May 2014 |
| 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 2018 the House Price Index for ESSEX was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £450,000 results in an estimated price of approximately £565,448.
| 17 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £450,000 | £115,448 | £565,448 |
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 | 9.218 % | £41,480 | £491,480 |
| 3 Month Average | 26.310 % | £118,395 | £568,395 |
| 6 Month Average | 23.686 % | £106,588 | £556,588 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £376,036 | £368,500 | 14 QUEENSWAY |
| 13 Jan 2023 | £561,500 | £560,000 | 2 WINDMILL VIEW |
| 18 Jul 2022 | £540,415 | £535,000 | 2 BLUE ROAD |
| 27 May 2022 | £343,961 | £335,000 | 9 KINGSWAY |
| 29 Mar 2022 | £349,718 | £335,000 | 1 KINGSWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bokhara Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bokhara Close |
| Apr 2024 | Public order | Awaiting court outcome | On or near Bokhara Close |
| Jul 2024 | Theft from the person | Unable to prosecute suspect | On or near Queensway |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Close |