£375,668
This estimated value is based upon the latest sale price for the house of £235,000 on 14 Apr 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £235,000 | 14 Apr 2008 |
| £215,000 | 28 Oct 2005 |
| 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 April 2008 the House Price Index for ESSEX was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £235,000 results in an estimated price of approximately £375,668.
| 14 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 149.7 | 59.859 % | £235,000 | £140,668 | £375,668 |
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 | 85.009 % | £199,770 | £434,770 |
| 3 Month Average | 70.277 % | £165,149 | £400,149 |
| 6 Month Average | 66.689 % | £156,719 | £391,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £292,540 | £290,000 | 35 ARNOLD VILLAS |
| 11 Dec 2023 | £294,035 | £285,000 | 19 CHESTNUT WAY |
| 27 Sep 2023 | £281,199 | £275,000 | 29 ELM CLOSE |
| 21 Jun 2023 | £214,294 | £210,000 | 7 CHESTNUT WAY |
| 13 Apr 2023 | £278,204 | £273,000 | 45 CHESTNUT WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Possession of weapons | Under investigation | On or near Pit Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pit Lane |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Pit Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Almond Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Way |