£613,666
This estimated value is based upon the latest sale price for the house of £500,000 on 11 Oct 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £500,000 | 11 Oct 2018 |
| £445,000 | 19 Aug 2011 |
| 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 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £500,000 results in an estimated price of approximately £613,666.
| 11 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.733 % | £500,000 | £113,666 | £613,666 |
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 | 6.661 % | £33,303 | £533,303 |
| 3 Month Average | 10.648 % | £53,239 | £553,239 |
| 6 Month Average | 7.749 % | £38,747 | £538,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £717,424 | £715,000 | 3 FIRMINS COURT |
| 31 Aug 2023 | £895,445 | £890,000 | THE GRAYS, 16 LEXDEN ROAD |
| 2 Aug 2023 | £342,080 | £340,000 | 44 COLCHESTER ROAD |
| 19 Apr 2023 | £760,654 | £755,000 | 6 NEW CHURCH ROAD |
| 15 Jul 2022 | £382,483 | £383,000 | 1 MCNALLY MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Manor Road |
| Apr 2024 | Public order | Under investigation | On or near Church Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Garthwood Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Garthwood Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garthwood Close |