£481,497
This estimated value is based upon the latest sale price for the house of £360,000 on 12 May 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £360,000 | 12 May 2016 |
| £73,000 | 7 Aug 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 May 2016 the House Price Index for ESSEX was 110.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.749%.Applying this 33.749% change to the original purchase price of £360,000 results in an estimated price of approximately £481,497.
| 12 May 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.0 | 33.749 % | £360,000 | £121,497 | £481,497 |
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 | 20.061 % | £72,217 | £432,217 |
| 3 Month Average | 30.249 % | £108,894 | £468,894 |
| 6 Month Average | 22.323 % | £80,363 | £440,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £358,390 | £355,000 | 27 ST NICHOLAS WAY |
| 2 Aug 2022 | £382,416 | £385,000 | 15 HONEYWOOD AVENUE |
| 1 Jul 2022 | £416,937 | £417,500 | 26 MONKDOWNS ROAD |
| 29 Apr 2022 | £410,256 | £400,000 | 87 COLNE ROAD |
| 1 Apr 2022 | £296,410 | £289,000 | 7 BRICK KILN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colne Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Priors Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Honeywood Avenue |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Monkdowns Road |