£392,896
This estimated value is based upon the latest sale price for the house of £318,000 on 27 Nov 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £318,000 | 27 Nov 2019 |
| £175,000 | 28 May 2010 |
| 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £318,000 results in an estimated price of approximately £392,896.
| 27 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £318,000 | £74,896 | £392,896 |
The Postcode Pricing Model uses changes in average sales price within the CM9 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 | 9.464 % | £30,095 | £348,095 |
| 3 Month Average | 19.594 % | £62,307 | £380,307 |
| 6 Month Average | 19.490 % | £61,977 | £379,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £513,430 | £510,000 | 14 FIELD VIEW DRIVE |
| 3 Aug 2022 | £517,419 | £515,000 | UPPER SPRINGS THE STREET |
| 30 May 2022 | £564,712 | £550,000 | WHITE HORSE COTTAGE SCHOOL ROAD |
| 16 Feb 2022 | £589,503 | £558,000 | SEASONS SCHOOL ROAD |
| 4 Feb 2022 | £515,551 | £488,000 | PINK GABLES BAKERS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Street |
| Oct 2024 | Drugs | Formal action is not in the public interest | On or near Chelmer Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Office Lane |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brick House Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Brick House Road |