£408,322
This estimated value is based upon the latest sale price for the house of £108,000 on 2 Jun 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £108,000 | 2 Jun 2000 |
| 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 June 2000 the House Price Index for ESSEX was 39.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 278.076%.Applying this 278.076% change to the original purchase price of £108,000 results in an estimated price of approximately £408,322.
| 2 Jun 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 149.7 | 278.076 % | £108,000 | £300,322 | £408,322 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 247.193 % | £266,968 | £374,968 |
| 3 Month Average | 240.294 % | £259,517 | £367,517 |
| 6 Month Average | 253.708 % | £274,005 | £382,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £390,000 | £390,000 | 9 NEWCASTLE AVENUE |
| 23 Nov 2023 | £384,767 | £375,000 | 275 STRAIGHT ROAD |
| 1 Nov 2023 | £333,465 | £325,000 | 11 SHILLITO CLOSE |
| 20 Oct 2023 | £312,088 | £305,000 | 37 NEWCASTLE AVENUE |
| 19 Sep 2023 | £316,988 | £310,000 | 23 NEWCASTLE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near James Carter Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Clara Reeve Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clara Reeve Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Shillito Close |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near The Brambles |