£348,146
This estimated value is based upon the latest sale price for the house of £250,000 on 13 Nov 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 13 Nov 2015 |
| £134,000 | 29 Nov 2012 |
| 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 2015 the House Price Index for ESSEX was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £250,000 results in an estimated price of approximately £348,146.
| 13 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £250,000 | £98,146 | £348,146 |
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 | 62.437 % | £156,092 | £406,092 |
| 3 Month Average | 14.372 % | £35,929 | £285,929 |
| 6 Month Average | 22.070 % | £55,174 | £305,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £465,958 | £460,000 | 9 NETHER COURT |
| 31 Mar 2023 | £242,283 | £240,000 | THE COACH HOUSE COLCHESTER ROAD |
| 4 Aug 2022 | £344,074 | £345,000 | 10 KESTREL RISE |
| 26 Apr 2022 | £280,620 | £272,500 | 86 DAME MARY WALK |
| 30 Sep 2021 | £479,529 | £445,000 | 42 COLCHESTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Harvey Street |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Colchester Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Colne Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Colne Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pretoria Road |