£506,459
This estimated value is based upon the latest sale price for the house of £410,000 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Coombe Rise
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
| Price Paid | Date |
|---|---|
| £410,000 | 15 Feb 2019 |
| £325,000 | 3 Feb 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 February 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £410,000 results in an estimated price of approximately £506,459.
| 15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £410,000 | £96,459 | £506,459 |
The Postcode Pricing Model uses changes in average sales price within the CM1 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 | -0.517 % | £-2,120 | £407,879 |
| 3 Month Average | -3.048 % | £-12,495 | £397,504 |
| 6 Month Average | 3.519 % | £14,426 | £424,426 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £320,610 | £315,000 | 23 HEARSALL AVENUE |
| 14 Jul 2023 | £283,820 | £280,000 | 4 HEARSALL AVENUE |
| 27 Jun 2022 | £385,447 | £380,000 | 28 PEMBROKE PLACE |
| 15 Jun 2022 | £355,017 | £350,000 | 51 MAIN ROAD |
| 7 Feb 2022 | £398,504 | £380,000 | 33 HEARSALL AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 21 Nov 2015. Using an estimated price of £506,460 means this house is valued at £5,115 per sq meter (£475 per sq foot).
The average size of a house on CAPEL CLOSE is 106 sq meters (1,142 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Coombe Rise |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coombe Rise |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Moran Avenue |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Pembroke Place |
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Pembroke Place |