£689,232
This estimated value is based upon the latest sale price for the house of £550,000 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £550,000 | 22 Jun 2018 |
| 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 June 2018 the House Price Index for ESSEX was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £550,000 results in an estimated price of approximately £689,232.
| 22 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £550,000 | £139,232 | £689,232 |
The Postcode Pricing Model uses changes in average sales price within the CO6 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 | 24.235 % | £133,290 | £683,290 |
| 3 Month Average | 20.330 % | £111,812 | £661,812 |
| 6 Month Average | 23.050 % | £126,772 | £676,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £525,000 | £525,000 | 1 CEDAR COURT LEXDEN ROAD |
| 3 May 2024 | £695,000 | £695,000 | 4 SACKVILLE WAY |
| 8 Mar 2024 | £726,157 | £715,000 | 3 FIRMINS COURT |
| 31 Aug 2023 | £906,347 | £890,000 | THE GRAYS, 16 LEXDEN ROAD |
| 19 Apr 2023 | £769,391 | £755,000 | 6 NEW CHURCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near New Church Road |
| Jul 2024 | Public order | Under investigation | On or near Mumford Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Mumford Close |
| May 2024 | Other crime | Further investigation is not in the public interest | On or near Mumford Close |
| Apr 2024 | Public order | Under investigation | On or near Church Close |