£806,206
This estimated value is based upon the latest sale price for the house of £144,500 on 31 Jan 1995. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £144,500 | 31 Jan 1995 |
| 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 1995 the House Price Index for ESSEX was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.929%.Applying this 457.929% change to the original purchase price of £144,500 results in an estimated price of approximately £806,206.
| 31 Jan 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 457.929 % | £144,500 | £661,706 | £806,206 |
The Postcode Pricing Model uses changes in average sales price within the CO7 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 | 377.177 % | £545,021 | £689,521 |
| 3 Month Average | 334.566 % | £483,447 | £627,947 |
| 6 Month Average | 396.721 % | £573,262 | £717,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £668,548 | £660,000 | HARTS END HARTS LANE |
| 4 Apr 2023 | £197,122 | £195,000 | WILLOWDENE FOX STREET |
| 8 Nov 2022 | £370,512 | £375,000 | SWAN COTTAGE CROWN LANE SOUTH |
| 20 Sep 2022 | £386,876 | £390,000 | LAWRITA COTTAGE CROWN LANE SOUTH |
| 31 Aug 2022 | £897,584 | £900,000 | BLOOMFIELDS FARM WICK LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clover Way |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Park/Open Space |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Colchester Road |
| Feb 2024 | Anti-social behaviour | On or near Harwich Road | |
| Feb 2024 | Anti-social behaviour | On or near Harwich Road |