£3,274
This estimated value is based upon the latest sale price for the house of £2,500 on 17 Feb 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £2,500 | 17 Feb 2017 |
| 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 2017 the House Price Index for ESSEX was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £2,500 results in an estimated price of approximately £3,274.
| 17 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £2,500 | £774 | £3,274 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | 51.222 % | £1,280 | £3,780 |
| 3 Month Average | 38.786 % | £969 | £3,469 |
| 6 Month Average | 26.281 % | £657 | £3,157 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £352,777 | £345,000 | 1 SPRINGFIELD ROAD |
| 12 Apr 2022 | £793,628 | £765,000 | 5 COMPASS GARDENS |
| 7 Oct 2021 | £724,535 | £650,000 | 2 ST PETERS FIELD |
| 21 Jun 2021 | £513,412 | £475,000 | 2 WELLAND ROAD |
| 30 Nov 2020 | £391,258 | £335,000 | 17 OAK CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Formal action is not in the public interest | On or near Regatta Road |
| Jun 2024 | Public order | Under investigation | On or near Grangewood Park Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Edmund Street |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edmund Street |