£276,274
This estimated value is based upon the latest sale price for the house of £270,000 on 8 Feb 2024. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £270,000 | 8 Feb 2024 |
| £240,000 | 6 Oct 2023 |
| £75,000 | 12 Jan 1999 |
| 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 February 2024 the House Price Index for ESSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £270,000 results in an estimated price of approximately £276,274.
| 8 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £270,000 | £6,274 | £276,274 |
The Postcode Pricing Model uses changes in average sales price within the CO5 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 | -7.779 % | £-21,002 | £248,997 |
| 3 Month Average | -4.045 % | £-10,920 | £259,079 |
| 6 Month Average | 4.349 % | £11,742 | £281,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £332,553 | £325,000 | 28 STRAWBERRY LANE |
| 29 Jun 2023 | £357,157 | £350,000 | 38 DARCY ROAD |
| 28 Apr 2023 | £494,244 | £485,000 | 11 DARCY ROAD |
| 4 Nov 2022 | £452,882 | £455,000 | 27 DARCY ROAD |
| 25 Aug 2022 | £703,289 | £700,000 | 65 BROOK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Possession of weapons | Local resolution | On or near Mary Wright Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Damson Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Damson Close |
| Sep 2024 | Burglary | Under investigation | On or near Factory Hill |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Park Drive |