£508,851
This estimated value is based upon the latest sale price for the house of £412,500 on 11 Dec 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £412,500 | 11 Dec 2018 |
| £139,950 | 21 Sep 1998 |
| 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 December 2018 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £412,500 results in an estimated price of approximately £508,851.
| 11 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £412,500 | £96,351 | £508,851 |
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 | -10.426 % | £-43,007 | £369,492 |
| 3 Month Average | -0.684 % | £-2,822 | £409,677 |
| 6 Month Average | 14.034 % | £57,891 | £470,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2022 | £228 | £230 | 57 EASTWOOD DRIVE |
| 27 Jul 2022 | £491,323 | £490,000 | 113 EASTWOOD DRIVE |
| 16 Jun 2022 | £349,945 | £345,000 | 99 EASTWOOD DRIVE |
| 18 Mar 2022 | £279,791 | £270,000 | 45 VICTORIA GARDENS |
| 10 Nov 2021 | £193,050 | £178,500 | 57 VICTORIA GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Victoria Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Victoria Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Victoria Gardens | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Gardens |