£348,459
This estimated value is based upon the latest sale price for the house of £280,000 on 16 Jan 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £280,000 | 16 Jan 2019 |
| 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 January 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £280,000 results in an estimated price of approximately £348,459.
| 16 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £280,000 | £68,459 | £348,459 |
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 | 11.743 % | £32,879 | £312,879 |
| 3 Month Average | 1.703 % | £4,768 | £284,768 |
| 6 Month Average | 8.062 % | £22,574 | £302,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £387,332 | £377,500 | 1 WICK FARM ROAD |
| 4 Sep 2023 | £409,016 | £400,000 | 87 MAIN ROAD |
| 10 Mar 2023 | £386,454 | £380,000 | 10 WICK FARM ROAD |
| 24 Feb 2023 | £402,690 | £400,000 | 63 MAIN ROAD |
| 15 Feb 2023 | £508,396 | £505,000 | 41 WICK FARM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Wick Farm Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Seaway |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seaway |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near High View |
| Jul 2024 | Anti-social behaviour | On or near Sea View Parade |