£445,907
This estimated value is based upon the latest sale price for the house of £367,500 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £367,500 | 13 Mar 2020 |
| 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £367,500 results in an estimated price of approximately £445,907.
| 13 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £367,500 | £78,407 | £445,907 |
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 | 8.944 % | £32,868 | £400,368 |
| 3 Month Average | 10.939 % | £40,200 | £407,700 |
| 6 Month Average | 9.757 % | £35,856 | £403,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £287,293 | £280,000 | 13 BIRCH AVENUE |
| 28 Apr 2023 | £387,243 | £380,000 | 3 HALL VIEW ROAD |
| 14 Nov 2022 | £109,488 | £110,000 | THE FORGE THE GREEN |
| 4 Jul 2022 | £257,581 | £255,000 | 2 MAYS COTTAGE STATION ROAD |
| 22 Apr 2022 | £191,923 | £185,000 | JASMINE COTTAGE THE GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near New Cut |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near New Cut |
| May 2024 | Anti-social behaviour | On or near New Cut | |
| May 2024 | Anti-social behaviour | On or near New Cut | |
| May 2024 | Anti-social behaviour | On or near New Cut |