£622,003
This estimated value is based upon the latest sale price for the house of £500,000 on 24 Sep 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £500,000 | 24 Sep 2018 |
| 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 September 2018 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £500,000 results in an estimated price of approximately £622,003.
| 24 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £500,000 | £122,003 | £622,003 |
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 | 4.571 % | £22,857 | £522,857 |
| 3 Month Average | 15.177 % | £75,887 | £575,887 |
| 6 Month Average | 17.611 % | £88,057 | £588,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £410,000 | £410,000 | 47 WASH LANE |
| 30 Nov 2023 | £220,600 | £215,000 | 4A KINGS ROAD |
| 3 Nov 2023 | £174,428 | £170,000 | 11 UPLANDS COURT |
| 18 Aug 2023 | £198,582 | £195,000 | 2B KINGS ROAD |
| 16 Nov 2022 | £467,813 | £470,000 | 21 WASHFORD GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Arnold Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wash Lane |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Washford Gardens |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Washford Gardens |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near King'S Road |