£354,522
This estimated value is based upon the latest sale price for the house of £310,000 on 5 Feb 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £310,000 | 5 Feb 2021 |
| £299,950 | 26 Jan 2018 |
| 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 February 2021 the House Price Index for ESSEX was 130.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.362%.Applying this 14.362% change to the original purchase price of £310,000 results in an estimated price of approximately £354,522.
| 5 Feb 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.9 | 149.7 | 14.362 % | £310,000 | £44,522 | £354,522 |
The Postcode Pricing Model uses changes in average sales price within the CO3 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 | 85.062 % | £263,690 | £573,690 |
| 3 Month Average | -5.739 % | £-17,790 | £292,209 |
| 6 Month Average | 3.156 % | £9,782 | £319,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £315,000 | £315,000 | 49 MAGPIE CHASE |
| 28 Nov 2023 | £374,506 | £365,000 | 55 MAGPIE CHASE |
| 24 Nov 2023 | £360,142 | £351,000 | 12 JACKDAW DRIVE |
| 20 Oct 2023 | £332,553 | £325,000 | 13 BLACKBIRD CLOSE |
| 27 Mar 2023 | £401,709 | £395,000 | CARIBOU COTTAGE OSPREY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Dove Court |
| Aug 2024 | Other crime | Under investigation | On or near Jackdaw Drive |
| Aug 2024 | Anti-social behaviour | On or near Jackdaw Drive | |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Jackdaw Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Jackdaw Drive |