£293,499
This estimated value is based upon the latest sale price for the house of £176,000 on 1 Dec 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £176,000 | 1 Dec 2006 |
| 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 December 2006 the House Price Index for ESSEX was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £176,000 results in an estimated price of approximately £293,499.
| 1 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £176,000 | £117,499 | £293,499 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | 40.670 % | £71,578 | £247,578 |
| 3 Month Average | 38.415 % | £67,611 | £243,611 |
| 6 Month Average | 37.342 % | £65,721 | £241,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £281,136 | £274,000 | 44 STRATFORD ROAD |
| 18 Jan 2023 | £290,777 | £290,000 | 69 CHELMSFORD ROAD |
| 15 Jul 2022 | £292,935 | £290,000 | 175 SLADE ROAD |
| 16 Mar 2022 | £321,009 | £307,500 | 40 NANSEN ROAD |
| 23 Feb 2022 | £274,679 | £260,000 | 96 CHELMSFORD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stratford Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Merrilees Crescent |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Merrilees Crescent |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near B1032 |
| Jul 2024 | Shoplifting | Under investigation | On or near B1032 |