£396,179
This estimated value is based upon the latest sale price for the house of £159,000 on 20 Jan 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £159,000 | 20 Jan 2003 |
| £59,500 | 28 Apr 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 sq feet |
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 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £159,000 results in an estimated price of approximately £396,179.
| 20 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £159,000 | £237,179 | £396,179 |
The Postcode Pricing Model uses changes in average sales price within the CO12 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 | 176.716 % | £280,978 | £439,978 |
| 3 Month Average | 138.467 % | £220,161 | £379,161 |
| 6 Month Average | 146.901 % | £233,572 | £392,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £925,000 | £925,000 | WISTERIA COTTAGE |
| 26 Apr 2024 | £342,978 | £340,000 | GREEN ACRE STONES GREEN |
| 25 Mar 2024 | £457,022 | £450,000 | HIGH VIEW CHAPEL ROAD |
| 19 Dec 2023 | £288,877 | £280,000 | 12 GLEBE CLOSE |
| 4 Sep 2023 | £705,553 | £690,000 | STONES GREEN COTTAGE COLCHESTER ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 6 Jul 2020. Using an estimated price of £396,179 means this house is valued at £6,190 per sq meter (£575 per sq foot).
The average size of a house on STONES GREEN is 107 sq meters (1,154 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Colchester Road |
| Sep 2024 | Public order | Under investigation | On or near Wix Road |
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Wix Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Abbots Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Colchester Road |