£456,357
This estimated value is based upon the latest sale price for the house of £248,950 on 19 Aug 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £248,950 | 19 Aug 2005 |
| Semi-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 August 2005 the House Price Index for ESSEX was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £248,950 results in an estimated price of approximately £456,357.
| 19 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £248,950 | £207,407 | £456,357 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 56.269 % | £140,080 | £389,030 |
| 3 Month Average | 66.744 % | £166,157 | £415,107 |
| 6 Month Average | 91.727 % | £228,355 | £477,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £1,211,192 | £1,190,000 | MULBERRY LODGE ARDLEIGH ROAD |
| 18 Aug 2023 | £489,280 | £485,000 | 1 BRAHAMS COTTAGES SHOP ROAD |
| 25 May 2022 | £422,970 | £415,000 | LINDUM SHOP ROAD |
| 24 Sep 2021 | £797,418 | £740,000 | POLONIS CROFT SHOP ROAD |
| 15 Dec 2020 | £487,778 | £425,000 | 55 THE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bentley Road |
| Mar 2024 | Anti-social behaviour | On or near Church Road | |
| Mar 2024 | Anti-social behaviour | On or near Spratts Lane | |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Milton Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Road |