£501,559
This estimated value is based upon the latest sale price for the house of £375,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Po Box 86, EN11 8GB
Phone: 01992800571
| Price Paid | Date |
|---|---|
| £375,000 | 27 May 2016 |
| £178,000 | 5 Jul 2002 |
| £82,000 | 30 Apr 1996 |
| Semi-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 May 2016 the House Price Index for ESSEX was 110.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.749%.Applying this 33.749% change to the original purchase price of £375,000 results in an estimated price of approximately £501,559.
| 27 May 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.0 | 33.749 % | £375,000 | £126,559 | £501,559 |
The Postcode Pricing Model uses changes in average sales price within the EN9 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 | 70.170 % | £263,138 | £638,138 |
| 3 Month Average | 26.365 % | £98,867 | £473,867 |
| 6 Month Average | 32.410 % | £121,538 | £496,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2022 | £738,032 | £750,000 | HARLEY HOUSE HOE LANE |
| 25 Nov 2022 | £742,952 | £755,000 | HUDSON HOUSE HOE LANE |
| 31 Mar 2022 | £598,605 | £580,000 | HILLVIEW MIDDLE STREET |
| 21 Jan 2022 | £681,303 | £650,000 | 62 WESTERN ROAD |
| 29 Sep 2021 | £590,283 | £550,000 | 59 SHOOTERS DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Palmers Grove |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Palmers Grove |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Palmers Grove |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Palmers Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Palmers Grove |