£550,238
This estimated value is based upon the latest sale price for the house of £460,000 on 29 Sep 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £460,000 | 29 Sep 2020 |
| 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £460,000 results in an estimated price of approximately £550,238.
| 29 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £460,000 | £90,238 | £550,238 |
The Postcode Pricing Model uses changes in average sales price within the CO5 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 | -7.466 % | £-34,342 | £425,657 |
| 3 Month Average | 10.294 % | £47,351 | £507,351 |
| 6 Month Average | 14.368 % | £66,091 | £526,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £401,163 | £395,000 | 6 LONGACRES HANOVER SQUARE |
| 22 Nov 2023 | £369,376 | £360,000 | 6 HANOVER SQUARE |
| 23 Oct 2023 | £409,296 | £400,000 | 8 LONGACRES HANOVER SQUARE |
| 30 Jun 2023 | £255,112 | £250,000 | 1 JUBILEE COTTAGES COGGESHALL ROAD |
| 11 Aug 2022 | £477,232 | £475,000 | CHURCH COTTAGE THE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Long Acres | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hanover Bridge |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hanover Bridge |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hanover Bridge |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near New Lane |