£506,578
This estimated value is based upon the latest sale price for the house of £400,000 on 20 Dec 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £400,000 | 20 Dec 2017 |
| 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 December 2017 the House Price Index for ESSEX was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £400,000 results in an estimated price of approximately £506,578.
| 20 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £400,000 | £106,578 | £506,578 |
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 | 40.087 % | £160,347 | £560,347 |
| 3 Month Average | 26.148 % | £104,590 | £504,590 |
| 6 Month Average | 20.833 % | £83,332 | £483,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £492,568 | £485,000 | 23 WOODFIELD DRIVE |
| 27 Oct 2023 | £351,995 | £344,000 | 22 WHITTAKER WAY |
| 25 Aug 2023 | £509,184 | £500,000 | 5 BRICKHOUSE CLOSE |
| 28 Apr 2023 | £422,910 | £415,000 | 55 WHITTAKER WAY |
| 30 Jan 2023 | £416,112 | £415,000 | 26 WHITTAKER WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Brickhouse Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brickhouse Close |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near High Street North |
| Nov 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Strood Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reymead Close |