£375,516
This estimated value is based upon the latest sale price for the house of £307,000 on 28 May 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £307,000 | 28 May 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 May 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £307,000 results in an estimated price of approximately £375,516.
| 28 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £307,000 | £68,516 | £375,516 |
The Postcode Pricing Model uses changes in average sales price within the CO11 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 | 99.577 % | £305,702 | £612,702 |
| 3 Month Average | -0.097 % | £-298 | £306,701 |
| 6 Month Average | 14.227 % | £43,677 | £350,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Feb 2023 | £379,744 | £380,000 | 2 BELLE VUE STEAM MILL ROAD |
| 23 Mar 2022 | £279,791 | £270,000 | 1 MOUNT PLEASANT HEATH ROAD |
| 23 Mar 2022 | £347,148 | £335,000 | SHIRFIELD HEATH ROAD |
| 21 Dec 2021 | £283,915 | £265,000 | 2 COTTAGE PLACE |
| 16 Dec 2021 | £637,469 | £595,000 | SUNNYSIDE CANSEY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Heath Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heath Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heath Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heath Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |