£189,056
This estimated value is based upon the latest sale price for the house of £111,000 on 13 Sep 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £111,000 | 13 Sep 2006 |
| 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 September 2006 the House Price Index for ESSEX was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £111,000 results in an estimated price of approximately £189,056.
| 13 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £111,000 | £78,056 | £189,056 |
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 | 130.587 % | £144,951 | £255,951 |
| 3 Month Average | 42.748 % | £47,449 | £158,449 |
| 6 Month Average | 56.888 % | £63,145 | £174,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £344,404 | £340,000 | 31 CHERRY TREE CLOSE |
| 20 Jul 2023 | £356,802 | £352,000 | 37 CHERRY TREE CLOSE |
| 14 Apr 2023 | £176,905 | £175,000 | 10 UPPER FENN ROAD |
| 12 Nov 2021 | £306,068 | £283,000 | 2 THE LEWISES FENN ROAD |
| 21 Sep 2021 | £339,442 | £315,000 | 63 CHERRY TREE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fenn Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fenn Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fenn Road |
| Jan 2024 | Other theft | Formal action is not in the public interest | On or near Upper Fenn Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Upper Fenn Road |