£559,732
This estimated value is based upon the latest sale price for the house of £137,000 on 12 Nov 1999. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £137,000 | 12 Nov 1999 |
| £130,000 | 15 Jan 1999 |
| 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 1999 the House Price Index for ESSEX was 36.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 308.564%.Applying this 308.564% change to the original purchase price of £137,000 results in an estimated price of approximately £559,732.
| 12 Nov 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 148.6 | 308.564 % | £137,000 | £422,732 | £559,732 |
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 | 426.870 % | £584,811 | £721,811 |
| 3 Month Average | 253.751 % | £347,639 | £484,639 |
| 6 Month Average | 268.377 % | £367,675 | £504,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £477,063 | £470,000 | CEDAR GABLES MILL ROAD |
| 29 Sep 2023 | £402,648 | £397,500 | 30 ASHEN ROAD |
| 21 Jun 2023 | £516,253 | £510,000 | WAYLAND HALL CHAPEL ROAD |
| 19 Apr 2023 | £427,604 | £423,000 | EVERGREENS ASHEN ROAD |
| 5 Apr 2023 | £743,000 | £735,000 | BELLE VUE DRURY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashen Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meeting Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Meeting Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |