£456,538
This estimated value is based upon the latest sale price for the house of £367,500 on 21 May 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £367,500 | 21 May 2018 |
| £67,250 | 7 Sep 1995 |
| Flats/Maisonettes |
| Leasehold |
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 2018 the House Price Index for ESSEX was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £367,500 results in an estimated price of approximately £456,538.
| 21 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £367,500 | £89,038 | £456,538 |
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 | 22.318 % | £82,016 | £449,516 |
| 3 Month Average | 26.675 % | £98,028 | £465,528 |
| 6 Month Average | 27.966 % | £102,773 | £470,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £850,000 | £850,000 | 9 VICTORIA ESPLANADE |
| 19 Dec 2023 | £662,534 | £650,000 | 18 PRINCE ALBERT ROAD |
| 14 Jun 2023 | £453,678 | £450,000 | 7 SHEARS CRESCENT |
| 3 Mar 2023 | £306,658 | £305,000 | 10 KINGSLAND CLOSE |
| 2 Feb 2023 | £607,128 | £610,000 | 4 BROOMHILLS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shears Crescent |
| Feb 2024 | Public order | Under investigation | On or near Broomhills Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Broomhills Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broomhills Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Five Gables Chase |