£215,676
This estimated value is based upon the latest sale price for the house of £158,500 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £158,500 | 31 Mar 2016 |
| £140,000 | 20 Sep 2005 |
| Flats/Maisonettes |
| Leasehold |
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 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £158,500 results in an estimated price of approximately £215,676.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £158,500 | £57,176 | £215,676 |
The Postcode Pricing Model uses changes in average sales price within the CO1 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 | 40.157 % | £63,649 | £222,149 |
| 3 Month Average | 40.143 % | £63,626 | £222,126 |
| 6 Month Average | 28.859 % | £45,742 | £204,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £205,160 | £200,500 | 5 BELGRAVE PLACE |
| 14 Apr 2023 | £356,671 | £350,000 | 21 HILLSLEIGH MEWS |
| 31 Aug 2022 | £326,527 | £325,000 | 6 LINCOLN WAY |
| 25 Mar 2022 | £196,259 | £188,000 | 4 GRANTHAM COURT |
| 17 Jan 2022 | £201,438 | £190,000 | 15 GRANTHAM COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Land Lane |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Land Lane |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near East Hill |
| Aug 2024 | Burglary | Under investigation | On or near East Hill |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near St. James' Rise |