£401,804
This estimated value is based upon the latest sale price for the house of £240,000 on 18 Jun 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Erick Avenue
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
| Price Paid | Date |
|---|---|
| £240,000 | 18 Jun 2010 |
| £167,000 | 12 May 2009 |
| £82,000 | 12 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 817 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 June 2010 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.419%.Applying this 67.419% change to the original purchase price of £240,000 results in an estimated price of approximately £401,804.
| 18 Jun 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 146.7 | 67.419 % | £240,000 | £161,804 | £401,804 |
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 | 4.922 % | £11,812 | £251,812 |
| 3 Month Average | 49.748 % | £119,396 | £359,396 |
| 6 Month Average | 67.290 % | £161,494 | £401,494 |
This house has a floor area of 75 sq meters or 817 sq feet when measured on 6 Feb 2010.
The average size of a house on ERICK AVENUE is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Erick Avenue |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Erick Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Moran Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Main Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Main Road |