£498,832
This estimated value is based upon the latest sale price for the house of £405,000 on 10 Apr 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £405,000 | 10 Apr 2019 |
| £372,000 | 17 Feb 2012 |
| 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 April 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £405,000 results in an estimated price of approximately £498,832.
| 10 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £405,000 | £93,832 | £498,832 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 54.285 % | £219,853 | £624,853 |
| 3 Month Average | 12.999 % | £52,646 | £457,646 |
| 6 Month Average | 9.867 % | £39,960 | £444,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £418,392 | £415,000 | 11 STEBBENS WAY |
| 8 Jun 2023 | £359,918 | £357,000 | 13 BATTLE RISE |
| 30 Jan 2023 | £594,776 | £600,000 | 24 BATTLE RISE |
| 8 Jul 2022 | £539,271 | £540,000 | 1 NORTHEY VIEW |
| 30 Jun 2022 | £464,710 | £460,000 | 10 RENNIE WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lake Mead | |
| Mar 2024 | Anti-social behaviour | On or near Lake Mead | |
| Apr 2024 | Other crime | Under investigation | On or near Chelmer Terrace |
| Feb 2024 | Anti-social behaviour | On or near Chelmer Terrace | |
| Feb 2024 | Anti-social behaviour | On or near Chelmer Terrace |