£812,921
This estimated value is based upon the latest sale price for the house of £330,000 on 10 Jan 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £330,000 | 10 Jan 2003 |
| 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 January 2003 the House Price Index for ESSEX was 60.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 146.340%.Applying this 146.340% change to the original purchase price of £330,000 results in an estimated price of approximately £812,921.
| 10 Jan 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 148.0 | 146.340 % | £330,000 | £482,921 | £812,921 |
The Postcode Pricing Model uses changes in average sales price within the CO6 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 | 121.308 % | £400,317 | £730,317 |
| 3 Month Average | 107.674 % | £355,322 | £685,322 |
| 6 Month Average | 108.127 % | £356,819 | £686,819 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £265,014 | £260,000 | 38 THOMAS BELL ROAD |
| 31 Jul 2023 | £318,008 | £315,000 | 2 REUBEN WALK |
| 23 Jun 2023 | £60,152 | £59,664 | 84 THOMAS BELL ROAD |
| 16 Jun 2023 | £282,289 | £280,000 | 11 REUBEN WALK |
| 28 Apr 2023 | £297,209 | £295,000 | 14 FOUNDRY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reuben Walk |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Massingham Drive |
| Mar 2024 | Anti-social behaviour | On or near Massingham Drive | |
| Mar 2024 | Anti-social behaviour | On or near Massingham Drive | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Massingham Drive |