£416,963
This estimated value is based upon the latest sale price for the house of £410,000 on 29 Mar 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £410,000 | 29 Mar 2023 |
| £237,000 | 25 Jul 2013 |
| £180,000 | 29 Oct 2010 |
| 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 March 2023 the House Price Index for ESSEX was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £410,000 results in an estimated price of approximately £416,963.
| 29 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £410,000 | £6,963 | £416,963 |
The Postcode Pricing Model uses changes in average sales price within the CO7 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 | 7.663 % | £31,420 | £441,420 |
| 3 Month Average | -6.659 % | £-27,302 | £382,697 |
| 6 Month Average | -10.525 % | £-43,151 | £366,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £279,291 | £275,000 | 28 BELLFIELD AVENUE |
| 1 Mar 2024 | £274,213 | £270,000 | 3 RED BARN ROAD |
| 19 Dec 2023 | £216,657 | £210,000 | 51 RED BARN ROAD |
| 20 Oct 2023 | £358,134 | £350,000 | 5 HASTINGS PLACE |
| 27 Sep 2023 | £302,672 | £296,000 | 24 DOVER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Regent Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Regent Close |
| Apr 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Regent Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Red Barn Road |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Red Barn Road |