£341,463
This estimated value is based upon the latest sale price for the house of £277,500 on 12 Jun 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £277,500 | 12 Jun 2019 |
| Terraced |
| 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £277,500 results in an estimated price of approximately £341,463.
| 12 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £277,500 | £63,963 | £341,463 |
The Postcode Pricing Model uses changes in average sales price within the CO5 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 | 25.051 % | £69,515 | £347,015 |
| 3 Month Average | 15.102 % | £41,909 | £319,409 |
| 6 Month Average | 25.301 % | £70,211 | £347,711 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £287,500 | £287,500 | 6 MUSCADE CLOSE |
| 13 Dec 2023 | £289,477 | £284,000 | 3 BEDFORD CLOSE |
| 12 Dec 2023 | £315,978 | £310,000 | 17 ELTON WALK |
| 28 Apr 2023 | £312,321 | £310,000 | 7 DOWNTON WALK |
| 16 Jan 2023 | £307,301 | £310,000 | 3 MUSCADE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Bijou Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Carolina Way |
| Apr 2024 | Drugs | Local resolution | On or near Barbrook Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Millwrights |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Millwrights |