£366,964
This estimated value is based upon the latest sale price for the house of £340,000 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £340,000 | 21 Dec 2021 |
| £5,000 | 14 Dec 2021 |
| 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 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £340,000 results in an estimated price of approximately £366,964.
| 21 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £340,000 | £26,964 | £366,964 |
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 | -4.865 % | £-16,541 | £323,458 |
| 3 Month Average | 3.591 % | £12,209 | £352,209 |
| 6 Month Average | 15.374 % | £52,271 | £392,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £368,115 | £360,000 | THE COACH HOUSE SWAN STREET |
| 21 Feb 2023 | £261,748 | £260,000 | 23 ALDERFORD STREET |
| 6 Jan 2023 | £431,152 | £430,000 | SICOMORO BUNGALOW SWAN STREET |
| 24 Oct 2022 | £209,301 | £210,000 | 87 SWAN STREET |
| 10 Aug 2022 | £371,738 | £370,000 | 30 ALDERFORD STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hilton Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alderford Street |
| Jul 2024 | Other theft | Under investigation | On or near Alderford Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Colne Road |
| May 2024 | Public order | Unable to prosecute suspect | On or near Colne Road |