£610,700
This estimated value is based upon the latest sale price for the house of £585,000 on 11 Mar 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £585,000 | 11 Mar 2022 |
| 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 March 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £585,000 results in an estimated price of approximately £610,700.
| 11 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £585,000 | £25,700 | £610,700 |
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 | -16.733 % | £-97,886 | £487,113 |
| 3 Month Average | -4.394 % | £-25,704 | £559,295 |
| 6 Month Average | -0.907 % | £-5,308 | £579,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £309,511 | £300,000 | FLAT 10 ORCHID FIELD COURT VICTORIA ESPLANADE |
| 30 May 2022 | £297,757 | £290,000 | FLAT 8 ORCHID FIELD COURT VICTORIA ESPLANADE |
| 22 Apr 2022 | £695,073 | £670,000 | 11 ALEXANDRA AVENUE |
| 11 Mar 2022 | £610,701 | £585,000 | 64 EMPRESS AVENUE |
| 25 Jun 2021 | £335,069 | £310,000 | FLAT 16 ORCHID FIELD COURT VICTORIA ESPLANADE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Osborne Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Empress Avenue |
| Oct 2024 | Anti-social behaviour | On or near Estuary Park Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Oct 2024 | Other theft | Under investigation | On or near Westwood Drive |