£177,329
This estimated value is based upon the latest sale price for the house of £176,500 on 12 Aug 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £176,500 | 12 Aug 2022 |
| £30,000 | 15 Jul 1997 |
| Terraced |
| 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 August 2022 the House Price Index for ESSEX was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £176,500 results in an estimated price of approximately £177,329.
| 12 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £176,500 | £829 | £177,329 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | -7.653 % | £-13,508 | £162,991 |
| 3 Month Average | 7.146 % | £12,612 | £189,112 |
| 6 Month Average | 16.194 % | £28,582 | £205,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Aug 2022 | £177,329 | £176,500 | 51 FIRST AVENUE |
| 30 Jun 2022 | £163,495 | £160,000 | 37 FIRST AVENUE |
| 31 May 2022 | £333,693 | £325,000 | 29 THIRD AVENUE |
| 4 Apr 2022 | £127,084 | £122,500 | 28 ROCHFORD HOUSE SPENDELLS CLOSE |
| 25 Mar 2022 | £206,908 | £198,200 | 28 FIRST AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near First Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near First Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Second Avenue |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Naze Park Road |
| Oct 2024 | Other crime | Formal action is not in the public interest | On or near Third Avenue |