£566,174
This estimated value is based upon the latest sale price for the house of £442,500 on 3 Aug 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £442,500 | 3 Aug 2017 |
| £137,000 | 21 Dec 1999 |
| 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 August 2017 the House Price Index for ESSEX was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £442,500 results in an estimated price of approximately £566,174.
| 3 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £442,500 | £123,674 | £566,174 |
The Postcode Pricing Model uses changes in average sales price within the CO6 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 | 9.319 % | £41,235 | £483,735 |
| 3 Month Average | 14.522 % | £64,260 | £506,760 |
| 6 Month Average | 16.186 % | £71,624 | £514,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £218,355 | £215,000 | FLAT 4 THE TRUMAN MALTINGS PARK |
| 15 Dec 2023 | £343,557 | £333,000 | 31 MALTINGS PARK ROAD |
| 13 Nov 2023 | £184,688 | £180,000 | FLAT 25 THE TRUMAN MALTINGS PARK |
| 17 Mar 2023 | £576,630 | £567,000 | 134 COLCHESTER ROAD |
| 13 Feb 2023 | £367,455 | £365,000 | 10 MALTINGS PARK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Garret Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Armoury Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Armoury Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Armoury Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Armoury Road |