£353,740
This estimated value is based upon the latest sale price for the house of £287,000 on 21 Feb 2020. 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 Colne Valley Close
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| Price Paid | Date |
|---|---|
| £287,000 | 21 Feb 2020 |
| £50,000 | 30 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 February 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £287,000 results in an estimated price of approximately £353,740.
| 21 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £287,000 | £66,740 | £353,740 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | -21.522 % | £-61,768 | £225,231 |
| 3 Month Average | 0.059 % | £168 | £287,168 |
| 6 Month Average | 5.531 % | £15,873 | £302,873 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £328,334 | £320,000 | WOODLAND PLACE BERIDGE ROAD |
| 9 Nov 2023 | £441,199 | £430,000 | TERRINGTON BERIDGE ROAD |
| 18 Aug 2023 | £280,051 | £275,000 | 19 STANLEY ROAD |
| 15 Jun 2023 | £357,157 | £350,000 | PITCHARDS COACH HOUSE TRINITY STREET |
| 6 Apr 2023 | £305,718 | £300,000 | 42 BERIDGE ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 13 Dec 2013. Using an estimated price of £353,741 means this house is valued at £3,887 per sq meter (£361 per sq foot).
The average size of a house on BERIDGE ROAD is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Colne Valley Close |
| Jun 2024 | Public order | Under investigation | On or near Colne Valley Close |
| Jun 2024 | Criminal damage and arson | Awaiting court outcome | On or near Colne Valley Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Colne Valley Close |
| Jun 2024 | Public order | Under investigation | On or near Colne Valley Close |