£537,267
This estimated value is based upon the latest sale price for the house of £436,000 on 7 Nov 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £436,000 | 7 Nov 2018 |
| £335,000 | 25 Feb 2015 |
| £280,000 | 19 Feb 2004 |
| £50,000 | 14 Mar 2002 |
| 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 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £436,000 results in an estimated price of approximately £537,267.
| 7 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £436,000 | £101,267 | £537,267 |
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 | 4.415 % | £19,247 | £455,247 |
| 3 Month Average | 13.574 % | £59,184 | £495,184 |
| 6 Month Average | 12.212 % | £53,244 | £489,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £355,000 | £355,000 | 29 SHELLEY AVENUE |
| 8 Dec 2023 | £524,171 | £515,000 | 14 ARCHER CRESCENT |
| 3 Feb 2023 | £549,630 | £550,000 | 12 KEEBLE CLOSE |
| 19 Aug 2022 | £548,524 | £550,000 | 4 SHELLEY AVENUE |
| 29 Jul 2022 | £345,931 | £345,000 | 61 NEW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Shelley Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Powell Close |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Bird Lane |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Southgate Crescent |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Woodview |