£266,762
This estimated value is based upon the latest sale price for the house of £250,000 on 20 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 20 Dec 2021 |
| £50,000 | 27 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £250,000 results in an estimated price of approximately £266,762.
| 20 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £250,000 | £16,762 | £266,762 |
The Postcode Pricing Model uses changes in average sales price within the CO4 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 | -36.959 % | £-92,396 | £157,603 |
| 3 Month Average | 2.533 % | £6,331 | £256,331 |
| 6 Month Average | 4.842 % | £12,104 | £262,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £142,056 | £141,000 | 109B FOREST ROAD |
| 24 Apr 2023 | £253,887 | £252,000 | 20 ALEFOUNDER CLOSE |
| 23 Mar 2022 | £242,538 | £235,000 | 123 FOREST ROAD |
| 21 Jan 2022 | £283,003 | £270,000 | 39 AFFLECK ROAD |
| 20 Dec 2021 | £266,763 | £250,000 | 4 CHASE COURT |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 12 Jul 2021. Using an estimated price of £266,763 means this house is valued at £2,667 per sq meter (£247 per sq foot).
The average size of a house on CHASE COURT is 92 sq meters (991 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chase Court |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chase Court |
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near Chase Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chase Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chase Court |