£711,114
This estimated value is based upon the latest sale price for the house of £245,000 on 20 May 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 20 May 2002 |
| £177,000 | 28 Jul 2000 |
| £154,995 | 19 Dec 1997 |
| 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 2002 the House Price Index for ESSEX was 51.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 190.251%.Applying this 190.251% change to the original purchase price of £245,000 results in an estimated price of approximately £711,114.
| 20 May 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.0 | 190.251 % | £245,000 | £466,114 | £711,114 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 190.700 % | £467,215 | £712,215 |
| 3 Month Average | 160.306 % | £392,750 | £637,750 |
| 6 Month Average | 158.890 % | £389,280 | £634,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £356,749 | £350,000 | 29 BLYTHE WAY |
| 9 Feb 2023 | £504,613 | £507,000 | 5 CLAYTON WAY |
| 19 Aug 2022 | £451,946 | £455,000 | 26 CLAYTON WAY |
| 25 Feb 2022 | £365,561 | £350,000 | 31 BLYTHE WAY |
| 10 Dec 2021 | £378,803 | £355,000 | 46 BLYTHE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Frobisher Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mariners Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Johnston Way |
| Apr 2024 | Other theft | Under investigation | On or near Johnston Way |
| Apr 2024 | Anti-social behaviour | On or near Marlowe Close |