£685,698
This estimated value is based upon the latest sale price for the house of £320,000 on 30 Jan 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £320,000 | 30 Jan 2004 |
| 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 2004 the House Price Index for ESSEX was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £320,000 results in an estimated price of approximately £685,698.
| 30 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 148.6 | 114.281 % | £320,000 | £365,698 | £685,698 |
The Postcode Pricing Model uses changes in average sales price within the CM8 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 | 57.870 % | £185,185 | £505,185 |
| 3 Month Average | 46.620 % | £149,184 | £469,184 |
| 6 Month Average | 87.301 % | £279,362 | £599,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jan 2023 | £592,210 | £595,000 | 2 CHURCH CLOSE |
| 30 Nov 2022 | £1,185,638 | £1,200,000 | 4 JOHN THRESH WAY |
| 11 Nov 2022 | £691,622 | £700,000 | 24 GRANGE ROAD |
| 26 Jul 2022 | £411,107 | £410,000 | 2 ULTING LANE |
| 26 May 2022 | £657,387 | £645,000 | LONGACRE LANGFORD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near B1018 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B1018 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1018 |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Langford Road |
| Mar 2024 | Drugs | Under investigation | On or near Maypole Road |