£146,546
This estimated value is based upon the latest sale price for the house of £106,000 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Chelmer Close
More crime details
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| Price Paid | Date |
|---|---|
| £106,000 | 29 Jan 2016 |
| £51,000 | 8 Mar 2002 |
| 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 January 2016 the House Price Index for ESSEX was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £106,000 results in an estimated price of approximately £146,546.
| 29 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £106,000 | £40,546 | £146,546 |
The Postcode Pricing Model uses changes in average sales price within the CO13 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 | -2.740 % | £-2,903 | £103,096 |
| 3 Month Average | 33.699 % | £35,720 | £141,720 |
| 6 Month Average | 32.562 % | £34,515 | £140,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jan 2023 | £210,563 | £210,000 | 11 BEVERLEY DRIVE |
| 1 Jul 2022 | £197,984 | £196,000 | 8 THE LARNEYS |
| 27 Jun 2022 | £321,881 | £315,000 | 30 THE LARNEYS |
| 7 Aug 2020 | £277,827 | £230,000 | 4 LARK WAY |
| 17 Apr 2020 | £228,783 | £185,000 | 12 BEVERLEY DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Chelmer Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelmer Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wavring Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Larneys |
| Aug 2024 | Anti-social behaviour | On or near The Larneys |