£274,464
This estimated value is based upon the latest sale price for the house of £235,000 on 26 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £235,000 | 26 Nov 2020 |
| £235,000 | 14 Sep 2020 |
| Semi-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 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £235,000 results in an estimated price of approximately £274,464.
| 26 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £235,000 | £39,464 | £274,464 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 2.873 % | £6,752 | £241,752 |
| 3 Month Average | 3.417 % | £8,030 | £243,030 |
| 6 Month Average | 8.523 % | £20,029 | £255,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £287,500 | £287,500 | 25 SYCAMORE CLOSE |
| 6 Mar 2024 | £385,929 | £380,000 | 463 RICKSTONES ROAD |
| 29 Aug 2023 | £305,510 | £300,000 | 51 POPLAR CLOSE |
| 24 Mar 2023 | £279,671 | £275,000 | 313 RICKSTONES ROAD |
| 25 Aug 2022 | £311,456 | £310,000 | 8 MAGNOLIA CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tarecroft Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Redwood Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redwood Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Redwood Close |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Redwood Close |