£1,273,874
This estimated value is based upon the latest sale price for the house of £885,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £885,000 | 31 Jul 2015 |
| 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 July 2015 the House Price Index for ESSEX was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £885,000 results in an estimated price of approximately £1,273,874.
| 31 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £885,000 | £388,874 | £1,273,874 |
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 | 40.713 % | £360,312 | £1,245,312 |
| 3 Month Average | 34.268 % | £303,268 | £1,188,268 |
| 6 Month Average | 39.228 % | £347,171 | £1,232,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2022 | £977,632 | £975,000 | 70 COLCHESTER ROAD |
| 11 Jul 2022 | £932,510 | £930,000 | 157 MALDON ROAD |
| 3 May 2022 | £276,204 | £271,000 | 3 BRETTS COTTAGES WEST END ROAD |
| 7 Mar 2022 | £948,180 | £915,000 | 206 MALDON ROAD |
| 4 Nov 2021 | £838,173 | £775,000 | 62 COLCHESTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Priory Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Priory Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stone Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Stone Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stone Lane |