£399,523
This estimated value is based upon the latest sale price for the house of £390,450 on 6 Oct 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Bung Row
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| Price Paid | Date |
|---|---|
| £390,450 | 6 Oct 2023 |
| £343,500 | 24 Apr 2020 |
| £343,500 | 24 Apr 2020 |
| £275,000 | 30 Jun 2017 |
| Terraced |
| 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 October 2023 the House Price Index for ESSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £390,450 results in an estimated price of approximately £399,523.
| 6 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £390,450 | £9,073 | £399,523 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 81.064 % | £316,513 | £706,963 |
| 3 Month Average | -1.093 % | £-4,267 | £386,182 |
| 6 Month Average | -4.709 % | £-18,385 | £372,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £399,524 | £390,450 | PEMBROKE COTTAGE TIPTREE ROAD |
| 22 Sep 2023 | £654,426 | £640,000 | FIVE GABLES TIPTREE ROAD |
| 3 Feb 2023 | £442,959 | £440,000 | REES COTTAGE TIPTREE ROAD |
| 4 Jan 2023 | £1,042,786 | £1,040,000 | 30 COLCHESTER ROAD |
| 6 May 2022 | £693,056 | £675,000 | 34 COLCHESTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Bung Row |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Braxted Park Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Maldon Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Maldon Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Colchester Road |