£609,989
This estimated value is based upon the latest sale price for the house of £500,000 on 19 Jun 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £500,000 | 19 Jun 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 June 2020 the House Price Index for ESSEX was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £500,000 results in an estimated price of approximately £609,989.
| 19 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £500,000 | £109,989 | £609,989 |
The Postcode Pricing Model uses changes in average sales price within the CO6 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 | -11.705 % | £-58,523 | £441,476 |
| 3 Month Average | 0.757 % | £3,783 | £503,783 |
| 6 Month Average | 9.235 % | £46,175 | £546,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £583,247 | £570,000 | 20 LOWER HOLT STREET |
| 28 Jun 2023 | £1,836,810 | £1,800,000 | RIVER HOUSE LOWER HOLT STREET |
| 28 Apr 2023 | £300,623 | £295,000 | 5 COLNEFORD HILL |
| 25 Apr 2023 | £219,098 | £215,000 | ROSE COTTAGE, 28 COLNEFORD HILL |
| 27 Jun 2022 | £710,181 | £695,000 | 44 COLNEFORD HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Colne Park Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Burges Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burges Road |
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Colchester Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Colchester Road |