£397,163
This estimated value is based upon the latest sale price for the house of £390,000 on 11 Aug 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £390,000 | 11 Aug 2023 |
| £136,000 | 23 Aug 2002 |
| 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 August 2023 the House Price Index for ESSEX was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £390,000 results in an estimated price of approximately £397,163.
| 11 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £390,000 | £7,163 | £397,163 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | -19.241 % | £-75,039 | £314,960 |
| 3 Month Average | -7.986 % | £-31,147 | £358,852 |
| 6 Month Average | -6.561 % | £-25,585 | £364,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £198,043 | £195,000 | 17 DAWNFORD COURT |
| 11 Aug 2023 | £397,163 | £390,000 | 55 LUCY LANE SOUTH |
| 30 Mar 2023 | £447,473 | £440,000 | 34 CENTAURY CLOSE |
| 31 Mar 2022 | £292,301 | £280,000 | 11 CENTAURY CLOSE |
| 29 Sep 2021 | £179,119 | £165,000 | 15 DAWNFORD COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dawnford Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Miles Close |
| Nov 2024 | Public order | Investigation complete; no suspect identified | On or near Beacon Way |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beacon Way |
| Aug 2024 | Anti-social behaviour | On or near Beacon Way |