£484,962
This estimated value is based upon the latest sale price for the house of £420,000 on 10 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £420,000 | 10 Nov 2020 |
| £342,000 | 22 Jun 2015 |
| £225,000 | 5 Dec 2013 |
| £126,500 | 31 Mar 2000 |
| 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £420,000 results in an estimated price of approximately £484,962.
| 10 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £420,000 | £64,962 | £484,962 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 12.033 % | £50,537 | £470,537 |
| 3 Month Average | -3.358 % | £-14,101 | £405,898 |
| 6 Month Average | -0.539 % | £-2,261 | £417,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £461,559 | £460,000 | 9 MOUNT LODGE CHASE |
| 6 Dec 2023 | £623,802 | £612,000 | JADE COTTAGE, 44 CHAPEL ROAD |
| 3 Nov 2023 | £534,360 | £527,500 | 55 MILL ROAD |
| 10 Mar 2023 | £497,690 | £495,000 | 16 EATON WAY |
| 2 Mar 2023 | £552,989 | £550,000 | 28 MILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Plains Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rookery Lane |