£561,127
This estimated value is based upon the latest sale price for the house of £452,000 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Po Box 86, EN11 8GB
Phone: 01992800571
| Price Paid | Date |
|---|---|
| £452,000 | 12 Oct 2018 |
| 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 October 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £452,000 results in an estimated price of approximately £561,127.
| 12 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £452,000 | £109,127 | £561,127 |
The Postcode Pricing Model uses changes in average sales price within the EN9 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 | 6.086 % | £27,510 | £479,510 |
| 3 Month Average | -0.666 % | £-3,008 | £448,991 |
| 6 Month Average | 17.734 % | £80,156 | £532,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £380,851 | £375,000 | 8 HOECROFT |
| 15 Mar 2024 | £370,695 | £365,000 | 6 HOECROFT |
| 14 Dec 2023 | £567,436 | £550,000 | 10 SHOOTERS DRIVE |
| 10 Nov 2023 | £461,720 | £450,000 | 20 SHOOTERS DRIVE |
| 17 Oct 2023 | £1,007,891 | £985,000 | 8 SHOOTERS DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hoecroft |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hoecroft |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wheelers Close |
| May 2024 | Burglary | Under investigation | On or near Shooters Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shooters Drive |