£468,442
This estimated value is based upon the latest sale price for the house of £383,500 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £383,500 | 29 Nov 2019 |
| 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 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £383,500 results in an estimated price of approximately £468,442.
| 29 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £383,500 | £84,942 | £468,442 |
The Postcode Pricing Model uses changes in average sales price within the CO5 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 | 28.539 % | £109,448 | £492,948 |
| 3 Month Average | 15.303 % | £58,687 | £442,187 |
| 6 Month Average | 15.874 % | £60,876 | £444,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £427,488 | £422,000 | 31 WOODS WAY |
| 7 Jun 2023 | £584,741 | £580,000 | CLAY PYGHTLE ABBERTON ROAD |
| 17 Mar 2023 | £344,864 | £343,000 | SPINDLES CHAPEL ROAD |
| 13 Jan 2023 | £1,273,811 | £1,285,000 | SALTMARSH HOUSE SOUTH GREEN ROAD |
| 31 Aug 2022 | £536,376 | £540,000 | HALL FARM FURNEAUX LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near South Green Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Dudley Road |
| Jan 2024 | Anti-social behaviour | On or near Furneaux Lane | |
| Jan 2024 | Anti-social behaviour | On or near Furneaux Lane | |
| Jan 2024 | Anti-social behaviour | On or near Furneaux Lane |