£482,241
This estimated value is based upon the latest sale price for the house of £470,000 on 10 Nov 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £470,000 | 10 Nov 2023 |
| £211,000 | 10 Aug 2012 |
| 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 November 2023 the House Price Index for ESSEX was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £470,000 results in an estimated price of approximately £482,241.
| 10 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £470,000 | £12,241 | £482,241 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 22.380 % | £105,185 | £575,185 |
| 3 Month Average | 19.549 % | £91,879 | £561,879 |
| 6 Month Average | 12.014 % | £56,467 | £526,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £279,591 | £271,000 | 40 MAYES LANE |
| 10 Nov 2023 | £482,241 | £470,000 | 9 BURR CLOSE |
| 28 Sep 2023 | £363,002 | £355,000 | 5 DAVALL CLOSE |
| 1 Sep 2023 | £430,899 | £421,400 | 64 HEWITT ROAD |
| 27 Feb 2023 | £293,964 | £292,000 | 44 MAYES LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burr Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Burr Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burr Close |
| Jul 2024 | Public order | Under investigation | On or near Burr Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hewitt Road |