£418,114
This estimated value is based upon the latest sale price for the house of £245,000 on 26 Jul 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 26 Jul 2010 |
| 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 2010 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £245,000 results in an estimated price of approximately £418,114.
| 26 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.659 % | £245,000 | £173,114 | £418,114 |
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 | 53.497 % | £131,067 | £376,067 |
| 3 Month Average | 84.642 % | £207,372 | £452,372 |
| 6 Month Average | 74.630 % | £182,842 | £427,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £435,000 | £435,000 | 56 OAKWOOD AVENUE |
| 26 Mar 2024 | £355,461 | £350,000 | 6 RICHMOND ROAD |
| 29 Jul 2022 | £270,218 | £267,510 | 16 RICHMOND ROAD |
| 31 Aug 2021 | £618,131 | £550,000 | 24 PRINCE ALBERT ROAD |
| 20 Aug 2021 | £550,698 | £490,000 | 2 THE PADDOCK OAKWOOD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Avenue |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Empress Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Empress Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Broomhills Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shears Crescent |