£268,630
This estimated value is based upon the latest sale price for the house of £91,500 on 27 May 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £91,500 | 27 May 2002 |
| £75,500 | 12 Jul 2001 |
| 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 May 2002 the House Price Index for ESSEX was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £91,500 results in an estimated price of approximately £268,630.
| 27 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £91,500 | £177,130 | £268,630 |
The Postcode Pricing Model uses changes in average sales price within the CO16 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 | 166.456 % | £152,306 | £243,806 |
| 3 Month Average | 163.659 % | £149,747 | £241,247 |
| 6 Month Average | 168.976 % | £154,613 | £246,113 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £225,000 | £225,000 | 12 CROME ROAD |
| 13 Dec 2023 | £324,986 | £315,000 | 15 WESTCOTT CLOSE |
| 5 Dec 2023 | £270,822 | £262,500 | 28 CROME ROAD |
| 5 Dec 2023 | £283,718 | £275,000 | 11 LADBROOKE ROAD |
| 2 Oct 2023 | £291,623 | £285,000 | 100 ST JOHNS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Oak Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Munnings Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romney Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dupont Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Dupont Close |