£392,017
This estimated value is based upon the latest sale price for the house of £167,500 on 2 Jul 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £167,500 | 2 Jul 2003 |
| 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 July 2003 the House Price Index for ESSEX was 64.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 134.040%.Applying this 134.040% change to the original purchase price of £167,500 results in an estimated price of approximately £392,017.
| 2 Jul 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 149.7 | 134.040 % | £167,500 | £224,517 | £392,017 |
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 | 129.909 % | £217,596 | £385,096 |
| 3 Month Average | 98.618 % | £165,185 | £332,685 |
| 6 Month Average | 108.237 % | £181,296 | £348,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £363,154 | £360,000 | 53 LONDON ROAD |
| 29 Nov 2023 | £374,506 | £365,000 | 2 JUBILEE CLOSE |
| 6 Oct 2023 | £450,226 | £440,000 | 24 MILLERS LANE |
| 17 Feb 2023 | £498,329 | £495,000 | 122 LONDON ROAD |
| 25 Oct 2022 | £274,085 | £275,000 | 100 LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near Montbretia Close |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Montbretia Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jul 2024 | Other theft | Under investigation | On or near Petrol Station |