£240,520
This estimated value is based upon the latest sale price for the house of £140,000 on 4 May 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £140,000 | 4 May 2012 |
| £74,500 | 7 Apr 2000 |
| £74,500 | 22 Dec 1999 |
| £43,000 | 27 Sep 1996 |
| £38,000 | 26 May 1995 |
| Terraced |
| 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 2012 the House Price Index for ESSEX was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £140,000 results in an estimated price of approximately £240,520.
| 4 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £140,000 | £100,520 | £240,520 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 81.101 % | £113,540 | £253,540 |
| 3 Month Average | 91.606 % | £128,248 | £268,248 |
| 6 Month Average | 82.104 % | £114,945 | £254,945 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £37,860 | £37,000 | 48 THE STREET |
| 23 Mar 2023 | £305,095 | £300,000 | 14 THE STREET |
| 14 Oct 2022 | £249,168 | £250,000 | WAVE BRIDGE COTTAGE COLCHESTER ROAD |
| 14 Jul 2022 | £341,421 | £338,000 | BILL-A-ROSE STOCK CHASE |
| 1 Jul 2022 | £196,974 | £195,000 | FLAT 9 WAVE BRIDGE COURT COLCHESTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Possession of weapons | Under investigation | On or near The Street |
| Oct 2024 | Possession of weapons | Under investigation | On or near The Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Street |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near The Street |