£423,123
This estimated value is based upon the latest sale price for the house of £345,000 on 28 Nov 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £345,000 | 28 Nov 2019 |
| £250,000 | 17 Apr 2015 |
| £167,000 | 2 Jul 2001 |
| £66,000 | 29 Nov 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £345,000 results in an estimated price of approximately £423,123.
| 28 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £345,000 | £78,123 | £423,123 |
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 | 35.366 % | £122,011 | £467,011 |
| 3 Month Average | 9.146 % | £31,554 | £376,554 |
| 6 Month Average | 9.996 % | £34,486 | £379,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £517,664 | £510,000 | SUMMER HOUSE, 101 OAK ROAD |
| 27 Sep 2023 | £278,562 | £275,000 | 29 ELM CLOSE |
| 8 Aug 2023 | £388,398 | £385,000 | 56 OAK ROAD |
| 26 Jul 2023 | £314,229 | £310,000 | 32 WALNUT TREE WAY |
| 20 Jun 2022 | £314,444 | £310,000 | 8 TOWNSEND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Oak Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |
| Feb 2024 | Anti-social behaviour | On or near Willow Walk | |
| Feb 2024 | Anti-social behaviour | On or near Willow Walk | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willow Walk |