£518,956
This estimated value is based upon the latest sale price for the house of £413,000 on 31 May 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £413,000 | 31 May 2018 |
| £150,000 | 2 Sep 1998 |
| 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 May 2018 the House Price Index for ESSEX was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £413,000 results in an estimated price of approximately £518,956.
| 31 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £413,000 | £105,956 | £518,956 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | 3.454 % | £14,266 | £427,266 |
| 3 Month Average | -3.257 % | £-13,452 | £399,547 |
| 6 Month Average | 1.614 % | £6,667 | £419,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £255,635 | £250,000 | 28 SPRING WAY |
| 21 Feb 2023 | £261,748 | £260,000 | 23 ALDERFORD STREET |
| 24 Oct 2022 | £209,301 | £210,000 | 87 SWAN STREET |
| 10 Aug 2022 | £371,738 | £370,000 | 30 ALDERFORD STREET |
| 10 May 2022 | £169,414 | £165,000 | 4 SWAN COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spring Way |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willow Meadows |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Avenue |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parking Area |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |