£173,831
This estimated value is based upon the latest sale price for the house of £170,000 on 4 Sep 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £170,000 | 4 Sep 2023 |
| £135,000 | 1 Feb 2019 |
| £68,000 | 26 Jan 2016 |
| 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 September 2023 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £170,000 results in an estimated price of approximately £173,831.
| 4 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £170,000 | £3,831 | £173,831 |
The Postcode Pricing Model uses changes in average sales price within the CO15 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 | -13.191 % | £-22,424 | £147,575 |
| 3 Month Average | 3.865 % | £6,569 | £176,569 |
| 6 Month Average | 0.989 % | £1,681 | £171,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £72,000 | £72,000 | 11 ROSEMARY WAY |
| 4 Sep 2023 | £173,832 | £170,000 | 95 MEADOW WAY |
| 5 Apr 2023 | £91,715 | £90,000 | 6 CORNFLOWER ROAD |
| 20 Mar 2023 | £102,715 | £101,000 | 14 JASMINE WAY |
| 27 Apr 2022 | £119,304 | £115,000 | 84 MEADOW WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Jasmine Way |
| Sep 2024 | Public order | Under investigation | On or near Jasmine Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jasmine Way |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Jasmine Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Jasmine Way |