£242,474
This estimated value is based upon the latest sale price for the house of £241,000 on 30 Aug 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £241,000 | 30 Aug 2023 |
| £130,000 | 20 Dec 2007 |
| £54,000 | 3 Apr 2001 |
| £27,000 | 31 Oct 1995 |
| Terraced |
| 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 August 2023 the House Price Index for ESSEX was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £241,000 results in an estimated price of approximately £242,474.
| 30 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.1 | 148.0 | 0.612 % | £241,000 | £1,474 | £242,474 |
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 | 25.107 % | £60,508 | £301,508 |
| 3 Month Average | 2.327 % | £5,608 | £246,608 |
| 6 Month Average | -3.245 % | £-7,820 | £233,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £222,861 | £220,000 | WINDY COTTAGE, 54 HEAD STREET |
| 30 Aug 2023 | £242,475 | £241,000 | 4 ROSE YARD |
| 10 Jul 2023 | £277,626 | £275,000 | 1 HIGHBURY TERRACE |
| 10 Feb 2023 | £880,834 | £885,000 | 49 HEAD STREET |
| 16 Sep 2022 | £158,077 | £160,000 | 1 BARTHOLOMEW HOUSE COLCHESTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Head Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chipping Hill |
| Jan 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Mill Chase |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Chase |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mill Green |