£315,410
This estimated value is based upon the latest sale price for the house of £255,000 on 3 Aug 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £255,000 | 3 Aug 2018 |
| £163,000 | 18 Aug 2006 |
| £94,500 | 31 Jul 2002 |
| £59,000 | 9 Apr 1999 |
| £44,000 | 30 Jun 1995 |
| 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 2018 the House Price Index for ESSEX was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £255,000 results in an estimated price of approximately £315,410.
| 3 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £255,000 | £60,410 | £315,410 |
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 | 24.651 % | £62,859 | £317,859 |
| 3 Month Average | 7.698 % | £19,629 | £274,629 |
| 6 Month Average | 10.581 % | £26,982 | £281,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £680,068 | £670,000 | LITRES RYE MILL LANE |
| 10 Nov 2023 | £390,786 | £385,000 | 13 WATERMILL ROAD |
| 29 Sep 2023 | £587,512 | £580,000 | GREENACRE RYE MILL LANE |
| 30 Jun 2023 | £490,947 | £485,000 | 6 MILLERS MEAD |
| 28 Apr 2023 | £459,952 | £455,000 | 11 WATERMILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Harvest Court |
| Mar 2024 | Drugs | Local resolution | On or near Millers Mead |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Packe Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Packe Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Packe Close |