£412,680
This estimated value is based upon the latest sale price for the house of £400,000 on 21 Dec 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Orchards
More crime details
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| Price Paid | Date |
|---|---|
| £400,000 | 21 Dec 2023 |
| £165,000 | 17 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 sq feet |
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 December 2023 the House Price Index for ESSEX was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £400,000 results in an estimated price of approximately £412,680.
| 21 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £400,000 | £12,680 | £412,680 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | -4.619 % | £-18,474 | £381,525 |
| 3 Month Average | 23.647 % | £94,588 | £494,588 |
| 6 Month Average | -1.254 % | £-5,017 | £394,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £118,529 | £117,500 | 216 NEWLAND COURT NEWLAND STREET |
| 21 Dec 2023 | £412,681 | £400,000 | 32 MILL LANE |
| 15 Dec 2023 | £77,378 | £75,000 | 116 NEWLAND COURT NEWLAND STREET |
| 11 Dec 2023 | £103,170 | £100,000 | 208 NEWLAND COURT NEWLAND STREET |
| 30 Jun 2023 | £105,106 | £103,000 | 14 NEWLAND COURT NEWLAND STREET |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 4 Dec 2014. Using an estimated price of £412,681 means this house is valued at £4,085 per sq meter (£379 per sq foot).
The average size of a house on MILL LANE is 98 sq meters (1,063 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Orchards |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollybank |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Hollybank |
| Oct 2024 | Anti-social behaviour | On or near Hollybank | |
| Sep 2024 | Anti-social behaviour | On or near Hollybank |