£398,117
This estimated value is based upon the latest sale price for the house of £400,000 on 24 Feb 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £400,000 | 24 Feb 2023 |
| £225,000 | 19 Dec 2014 |
| 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 2023 the House Price Index for ESSEX was 148.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.471%.Applying this -0.471% change to the original purchase price of £400,000 results in an estimated price of approximately £398,117.
| 24 Feb 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.0 | -0.471 % | £400,000 | £-1,882 | £398,117 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | -13.413 % | £-53,652 | £346,347 |
| 3 Month Average | -16.947 % | £-67,787 | £332,212 |
| 6 Month Average | -2.810 % | £-11,239 | £388,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £382,409 | £377,500 | 1 WICK FARM ROAD |
| 22 Mar 2023 | £251,359 | £250,000 | 5 MOUNTVIEW CRESCENT |
| 10 Mar 2023 | £382,065 | £380,000 | 10 WICK FARM ROAD |
| 24 Feb 2023 | £398,117 | £400,000 | 63 MAIN ROAD |
| 15 Feb 2023 | £502,623 | £505,000 | 41 WICK FARM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bay View |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beachy Drive |
| Feb 2024 | Other crime | Further action is not in the public interest | On or near Main Road |
| Feb 2024 | Other crime | Further action is not in the public interest | On or near Medley Way |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Anchorage View |