£483,056
This estimated value is based upon the latest sale price for the house of £362,000 on 25 Oct 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £362,000 | 25 Oct 2016 |
| 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 October 2016 the House Price Index for ESSEX was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £362,000 results in an estimated price of approximately £483,056.
| 25 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £362,000 | £121,056 | £483,056 |
The Postcode Pricing Model uses changes in average sales price within the CO5 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 | -2.296 % | £-8,309 | £353,690 |
| 3 Month Average | 17.409 % | £63,019 | £425,019 |
| 6 Month Average | 18.039 % | £65,301 | £427,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £467,178 | £460,000 | 10 HERON ROAD |
| 7 Sep 2023 | £531,721 | £520,000 | 12 TERN CLOSE |
| 28 Mar 2022 | £527,186 | £505,000 | 7 AVOCET CLOSE |
| 14 Feb 2022 | £528,229 | £500,000 | 32 HERON ROAD |
| 3 Feb 2022 | £528,229 | £500,000 | 6 AVOCET CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Avocet Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lapwing Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lapwing Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lapwing Drive |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Swan Street |