£278,696
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Apr 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 30 Apr 2021 |
| £156,000 | 2 May 2014 |
| 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 April 2021 the House Price Index for ESSEX was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £245,000 results in an estimated price of approximately £278,696.
| 30 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 149.7 | 13.754 % | £245,000 | £33,696 | £278,696 |
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 | 10.161 % | £24,893 | £269,893 |
| 3 Month Average | 10.244 % | £25,096 | £270,096 |
| 6 Month Average | -11.475 % | £-28,114 | £216,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £297,584 | £295,000 | 7 TILLWICKS CLOSE |
| 18 Aug 2023 | £285,143 | £280,000 | 6 ATLAS BUNGALOWS |
| 14 Jun 2023 | £268,378 | £263,000 | 7 BURROWS ROAD |
| 17 Apr 2023 | £331,195 | £325,000 | 32 MASSINGHAM DRIVE |
| 6 Jan 2023 | £436,165 | £435,000 | 48 HOMEFIELD WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sims Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homefield Way |
| Jul 2024 | Other theft | Under investigation | On or near The Castings |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Castings |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Castings |