£420,793
This estimated value is based upon the latest sale price for the house of £345,000 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Elizabeth House, 28 Baddow Road, Chelmsford, CM2 0DG
Phone: 01245845575
Price Paid | Date |
---|---|
£345,000 | 14 Jun 2019 |
£269,995 | 29 May 2014 |
£215,000 | 31 Oct 2008 |
Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.969%.Applying this 21.969% change to the original purchase price of £345,000 results in an estimated price of approximately £420,793.
14 Jun 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 146.7 | 21.969 % | £345,000 | £75,793 | £420,793 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 27.222 % | £93,916 | £438,916 |
3 Month Average | 5.080 % | £17,526 | £362,526 |
6 Month Average | 12.929 % | £44,606 | £389,606 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 9 Mar 2019.
The average size of a house on LAMBOURNE CHASE is 79 sq meters (856 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ruby Link |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ruby Link |
Mar 2024 | Burglary | Under investigation | On or near Hopwood View |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Hopwood View |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Hopwood View |