£526,003
This estimated value is based upon the latest sale price for the house of £435,000 on 28 Jul 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £435,000 | 28 Jul 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 July 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £435,000 results in an estimated price of approximately £526,003.
| 28 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £435,000 | £91,003 | £526,003 |
The Postcode Pricing Model uses changes in average sales price within the CO7 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 | 3.527 % | £15,341 | £450,341 |
| 3 Month Average | -0.982 % | £-4,269 | £430,730 |
| 6 Month Average | 9.461 % | £41,155 | £476,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £410,525 | £405,000 | PEACEHAVEN FRATING ROAD |
| 4 Jul 2023 | £417,621 | £412,000 | ROSE LEA ARDLEIGH ROAD |
| 31 Jan 2023 | £393,148 | £395,000 | 3 BURNT HEATH COTTAGES PARK ROAD |
| 7 Jul 2022 | £401,080 | £400,000 | BRACKPOOLS FRATING ROAD |
| 13 May 2022 | £504,506 | £495,000 | 1 WATERHOUSE COTTAGES WATERHOUSE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ardleigh Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Briar Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colchester Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Waterhouse Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Road |