£1,004,424
This estimated value is based upon the latest sale price for the house of £860,000 on 17 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £860,000 | 17 Nov 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £860,000 results in an estimated price of approximately £1,004,424.
| 17 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £860,000 | £144,424 | £1,004,424 |
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 | -13.849 % | £-119,097 | £740,902 |
| 3 Month Average | -3.097 % | £-26,636 | £833,363 |
| 6 Month Average | 1.054 % | £9,067 | £869,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £695,000 | £695,000 | 4 SACKVILLE WAY |
| 3 May 2024 | £525,000 | £525,000 | 1 CEDAR COURT LEXDEN ROAD |
| 15 Mar 2024 | £639,830 | £630,000 | SQUIRRELS, 29B MUMFORD CLOSE |
| 15 Mar 2024 | £510,341 | £502,500 | FOUR SEASONS, 29C MUMFORD CLOSE |
| 8 Mar 2024 | £726,157 | £715,000 | 3 FIRMINS COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near New Church Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Mumford Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Upton Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Upton Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Close |