£471,980
This estimated value is based upon the latest sale price for the house of £460,000 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £460,000 | 3 Nov 2023 |
| £57,500 | 1 Dec 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 November 2023 the House Price Index for ESSEX was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £460,000 results in an estimated price of approximately £471,980.
| 3 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £460,000 | £11,980 | £471,980 |
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 | -4.441 % | £-20,430 | £439,569 |
| 3 Month Average | -11.757 % | £-54,083 | £405,916 |
| 6 Month Average | -11.614 % | £-53,422 | £406,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £255,635 | £250,000 | 28 SPRING WAY |
| 21 Feb 2023 | £261,748 | £260,000 | 23 ALDERFORD STREET |
| 24 Oct 2022 | £209,301 | £210,000 | 87 SWAN STREET |
| 10 Aug 2022 | £371,738 | £370,000 | 30 ALDERFORD STREET |
| 10 May 2022 | £169,414 | £165,000 | 4 SWAN COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willow Meadows |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Avenue |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Alderford Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alderford Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jubilee Court |