£367,841
This estimated value is based upon the latest sale price for the house of £80,000 on 11 Dec 1998. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Farthings Chase
More crime details
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| Price Paid | Date |
|---|---|
| £80,000 | 11 Dec 1998 |
| 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 December 1998 the House Price Index for ESSEX was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £80,000 results in an estimated price of approximately £367,841.
| 11 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 148.6 | 359.802 % | £80,000 | £287,841 | £367,841 |
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 | 352.423 % | £281,938 | £361,938 |
| 3 Month Average | 344.605 % | £275,684 | £355,684 |
| 6 Month Average | 340.732 % | £272,585 | £352,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £598,747 | £606,000 | 6 EMPRESS AVENUE |
| 12 Oct 2022 | £336,378 | £340,000 | 19 EMPRESS AVENUE |
| 24 Aug 2022 | £558,497 | £560,000 | 58 EAST ROAD |
| 19 May 2022 | £305,761 | £300,000 | 17A EMPRESS AVENUE |
| 26 Jan 2022 | £731,424 | £695,000 | 19A EMPRESS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Farthings Chase |
| Mar 2024 | Anti-social behaviour | On or near Keene Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingsmere Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingsmere Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingsmere Close |