£461,111
This estimated value is based upon the latest sale price for the house of £415,000 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £415,000 | 27 Aug 2021 |
| £330,000 | 27 Apr 2007 |
| 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 2021 the House Price Index for ESSEX was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £415,000 results in an estimated price of approximately £461,111.
| 27 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £415,000 | £46,111 | £461,111 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | -1.671 % | £-6,934 | £408,065 |
| 3 Month Average | 13.074 % | £54,256 | £469,256 |
| 6 Month Average | -0.061 % | £-255 | £414,744 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £318,008 | £315,000 | 18 BROOK TERRACE |
| 10 Mar 2023 | £135,734 | £135,000 | 87 SUMMERFIELDS |
| 2 Mar 2023 | £139,253 | £138,500 | 91 SUMMERFIELDS |
| 19 Jan 2023 | £406,430 | £410,000 | 32 SUMMERFIELDS |
| 26 Oct 2022 | £177,364 | £180,000 | 103 SUMMERFIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Riverside Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hogarth Court |
| Apr 2024 | Anti-social behaviour | On or near Hogarth Court | |
| Mar 2024 | Anti-social behaviour | On or near Hogarth Court | |
| Mar 2024 | Anti-social behaviour | On or near Hogarth Court |