£1,081,540
This estimated value is based upon the latest sale price for the house of £875,000 on 16 Sep 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Kings Mead
More crime details
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| Price Paid | Date |
|---|---|
| £875,000 | 16 Sep 2019 |
| 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 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £875,000 results in an estimated price of approximately £1,081,540.
| 16 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £875,000 | £206,540 | £1,081,540 |
The Postcode Pricing Model uses changes in average sales price within the CO9 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 | -9.633 % | £-84,285 | £790,714 |
| 3 Month Average | 5.624 % | £49,212 | £924,212 |
| 6 Month Average | 5.842 % | £51,117 | £926,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £846,487 | £825,000 | OAKDENE OAK ROAD |
| 22 Sep 2023 | £211,155 | £206,500 | 7 HAMSTERS CLOSE |
| 21 Feb 2023 | £553,699 | £550,000 | NETHER HOUSE MILL LANE |
| 24 Jun 2022 | £245,242 | £240,000 | 2 THE MALTINGS MILL LANE |
| 30 May 2022 | £767,495 | £747,500 | GREAT LENGTHS THE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Kings Mead |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sudbury Road |
| Jul 2024 | Possession of weapons | Under investigation | On or near Sudbury Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bishop'S Lane |