£760,064
This estimated value is based upon the latest sale price for the house of £765,200 on 18 Aug 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £765,200 | 18 Aug 2022 |
| £330,000 | 18 Apr 2006 |
| 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 August 2022 the House Price Index for ESSEX was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £765,200 results in an estimated price of approximately £760,064.
| 18 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £765,200 | £-5,135 | £760,064 |
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 | -2.232 % | £-17,076 | £748,123 |
| 3 Month Average | 5.150 % | £39,405 | £804,605 |
| 6 Month Average | 8.610 % | £65,887 | £831,087 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2022 | £760,064 | £765,200 | REDMAYS WORLDS END LANE |
| 8 Jul 2022 | £274,629 | £275,000 | 4 BRIDGE MEADOW |
| 10 Dec 2021 | £80,029 | £75,000 | UNIT 2 42 FEERING HILL |
| 21 Oct 2021 | £633,656 | £575,000 | ALCINA SWAN STREET |
| 30 Sep 2021 | £601,015 | £560,000 | 27 BITTERN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Worlds End Lane |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Worlds End Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Swan Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Feering Hill |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Feering Hill |