£485,736
This estimated value is based upon the latest sale price for the house of £310,000 on 25 Feb 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £310,000 | 25 Feb 2008 |
| Semi-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 February 2008 the House Price Index for ESSEX was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £310,000 results in an estimated price of approximately £485,736.
| 25 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 148.6 | 56.689 % | £310,000 | £175,736 | £485,736 |
The Postcode Pricing Model uses changes in average sales price within the CO7 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 | 37.641 % | £116,687 | £426,687 |
| 3 Month Average | 25.609 % | £79,388 | £389,388 |
| 6 Month Average | 50.529 % | £156,640 | £466,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £605,596 | £595,000 | 5 THE AVENUE |
| 18 Sep 2023 | £1,007,887 | £995,000 | 1 PALMER GARDENS |
| 7 Jun 2023 | £936,342 | £925,000 | 68 THE AVENUE |
| 19 Jan 2023 | £477,750 | £480,000 | 73 ERNEST ROAD |
| 8 Jul 2022 | £431,161 | £430,000 | 64 ERNEST ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near The Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ernest Road |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Harvey Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosabelle Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosabelle Avenue |