£278,371
This estimated value is based upon the latest sale price for the house of £160,000 on 17 May 2011. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £160,000 | 17 May 2011 |
| £157,000 | 29 Oct 2008 |
| 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 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £160,000 results in an estimated price of approximately £278,371.
| 17 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £160,000 | £118,371 | £278,371 |
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 | 60.469 % | £96,750 | £256,750 |
| 3 Month Average | 87.188 % | £139,501 | £299,501 |
| 6 Month Average | 77.183 % | £123,492 | £283,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £361,555 | £356,000 | 9 EVEREST WAY |
| 19 Dec 2023 | £132,058 | £128,000 | 9 THE ROOTHINGS |
| 25 Oct 2023 | £37,860 | £37,000 | 48 THE STREET |
| 23 Mar 2023 | £305,095 | £300,000 | 14 THE STREET |
| 8 Feb 2023 | £124,633 | £123,800 | UNIT 1 DRAKKAR WHARF THE SQUARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hunt Avenue |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Hunt Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hunt Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Everest Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Everest Way |