£380,672
This estimated value is based upon the latest sale price for the house of £312,500 on 30 Jul 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £312,500 | 30 Jul 2020 |
| £60,000 | 29 Nov 1996 |
| 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 July 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £312,500 results in an estimated price of approximately £380,672.
| 30 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £312,500 | £68,172 | £380,672 |
The Postcode Pricing Model uses changes in average sales price within the CO7 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 | 15.487 % | £48,398 | £360,898 |
| 3 Month Average | 20.129 % | £62,902 | £375,402 |
| 6 Month Average | 10.444 % | £32,637 | £345,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £330,000 | £330,000 | 49 HOLLY WAY |
| 23 Nov 2023 | £543,804 | £530,000 | 23 CHURCH ROAD |
| 2 Nov 2023 | £384,767 | £375,000 | 19 CHURCH ROAD |
| 20 Oct 2023 | £225,113 | £220,000 | 7 LUCERNE ROAD |
| 25 Aug 2023 | £259,684 | £255,000 | 18 HOLLY WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glebe Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glebe Close |
| Jul 2024 | Vehicle crime | Under investigation | On or near Holly Way |
| Jun 2024 | Public order | Under investigation | On or near Sports/Recreation Area |
| May 2024 | Anti-social behaviour | On or near Sports/Recreation Area |