£280,304
This estimated value is based upon the latest sale price for the house of £240,000 on 4 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 4 Nov 2020 |
| £209,000 | 21 Oct 2016 |
| £157,000 | 28 Feb 2011 |
| £144,000 | 19 May 2006 |
| 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £240,000 results in an estimated price of approximately £280,304.
| 4 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £240,000 | £40,304 | £280,304 |
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 | -2.917 % | £-7,001 | £232,998 |
| 3 Month Average | 5.339 % | £12,814 | £252,814 |
| 6 Month Average | 5.244 % | £12,585 | £252,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £280,000 | £280,000 | 32 REGENT STREET |
| 19 Oct 2023 | £185,718 | £181,500 | 5 THE OLD SCHOOL HOUSE CHURCH STREET |
| 5 Sep 2023 | £350,732 | £343,000 | 19 COLNE RISE |
| 14 Jun 2022 | £282,029 | £276,000 | 60 REGENT STREET |
| 8 Jun 2022 | £324,946 | £318,000 | 19 REGENT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Church Street | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Albion Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albion Street |
| Jun 2024 | Other crime | Under investigation | On or near Colne Rise |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Sunbeam Close |