£416,427
This estimated value is based upon the latest sale price for the house of £163,000 on 20 Dec 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £163,000 | 20 Dec 2002 |
| 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 December 2002 the House Price Index for ESSEX was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £163,000 results in an estimated price of approximately £416,427.
| 20 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 149.7 | 155.477 % | £163,000 | £253,427 | £416,427 |
The Postcode Pricing Model uses changes in average sales price within the CO14 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 | 92.708 % | £151,113 | £314,113 |
| 3 Month Average | 128.977 % | £210,232 | £373,232 |
| 6 Month Average | 135.663 % | £221,130 | £384,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Feb 2023 | £402,690 | £400,000 | 109 RAINHAM WAY |
| 7 Jun 2022 | £664,198 | £650,000 | 4 EASTON WAY |
| 13 May 2022 | £734,125 | £715,000 | MANDERLEY EASTON WAY |
| 22 Jun 2021 | £324,255 | £299,995 | 29 EASTON WAY |
| 16 Dec 2020 | £266,506 | £230,500 | 50 RAINHAM WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Easton Way | |
| Aug 2024 | Vehicle crime | Under investigation | On or near Easton Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Woodberry Way |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodberry Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbine Gardens |