£242,606
This estimated value is based upon the latest sale price for the house of £165,000 on 19 May 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £165,000 | 19 May 2015 |
| £120,000 | 28 Nov 2003 |
| £68,500 | 19 Dec 2001 |
| 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 May 2015 the House Price Index for ESSEX was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £165,000 results in an estimated price of approximately £242,606.
| 19 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £165,000 | £77,606 | £242,606 |
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 | 30.205 % | £49,838 | £214,838 |
| 3 Month Average | 18.690 % | £30,838 | £195,838 |
| 6 Month Average | 33.469 % | £55,224 | £220,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £268,378 | £263,000 | 7 BURROWS ROAD |
| 6 Jan 2023 | £245,656 | £245,000 | 16 HIGH STREET |
| 22 Apr 2022 | £923,306 | £890,000 | BOARDERS HOUSE YORK ROAD |
| 21 Jan 2022 | £243,846 | £230,000 | 6 WILLOW TREE WAY |
| 12 Jan 2022 | £1,068,636 | £1,007,959 | 11 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Willow Tree Way | |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Willow Tree Way |
| Jun 2024 | Anti-social behaviour | On or near Willow Tree Way | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near High Street |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sims Close |