£462,794
This estimated value is based upon the latest sale price for the house of £345,000 on 11 Jul 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £345,000 | 11 Jul 2016 |
| £248,500 | 25 Mar 2011 |
| 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 July 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £345,000 results in an estimated price of approximately £462,794.
| 11 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £345,000 | £117,794 | £462,794 |
The Postcode Pricing Model uses changes in average sales price within the CO6 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 | 2.248 % | £7,755 | £352,755 |
| 3 Month Average | 22.588 % | £77,928 | £422,928 |
| 6 Month Average | 32.201 % | £111,092 | £456,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £581,433 | £572,500 | 17 GRANTLEY CLOSE |
| 10 Oct 2023 | £662,036 | £647,000 | 71 QUEENSBERRY AVENUE |
| 7 Jun 2023 | £612,270 | £600,000 | 16 GRANTLEY CLOSE |
| 28 Feb 2023 | £609,069 | £605,000 | 44 QUEENSBERRY AVENUE |
| 9 Sep 2022 | £410,226 | £410,500 | 12 FOUNDRY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grantley Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grantley Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Millstone Green |