£319,584
This estimated value is based upon the latest sale price for the house of £285,000 on 26 Mar 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £285,000 | 26 Mar 2021 |
| Semi-Detached |
| Leasehold |
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 March 2021 the House Price Index for ESSEX was 133.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.135%.Applying this 12.135% change to the original purchase price of £285,000 results in an estimated price of approximately £319,584.
| 26 Mar 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 149.7 | 12.135 % | £285,000 | £34,584 | £319,584 |
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 | -8.416 % | £-23,986 | £261,013 |
| 3 Month Average | -9.782 % | £-27,879 | £257,120 |
| 6 Month Average | -6.669 % | £-19,005 | £265,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jul 2024 | £485,000 | £485,000 | 53 NORTH LANE |
| 5 Apr 2024 | £464,030 | £460,000 | 20 NORTH LANE |
| 18 Aug 2023 | £432,806 | £425,000 | 43 NORTH LANE |
| 12 Aug 2022 | £140,658 | £140,000 | 49 THE ROOKERIES |
| 25 Mar 2022 | £146,354 | £140,195 | 47 THE ROOKERIES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near North Lane | |
| Sep 2024 | Anti-social behaviour | On or near North Lane | |
| Jul 2024 | Vehicle crime | On or near Marks Tey (Station) | |
| Jul 2024 | Vehicle crime | On or near Marks Tey (Station) | |
| Jul 2024 | Other theft | On or near Marks Tey (Station) |