£384,956
This estimated value is based upon the latest sale price for the house of £225,000 on 6 Jun 2011. 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 Laurel Grove
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
| Price Paid | Date |
|---|---|
| £225,000 | 6 Jun 2011 |
| £237,500 | 4 Jan 2008 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 551 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 2011 the House Price Index for ESSEX was 85.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 71.092%.Applying this 71.092% change to the original purchase price of £225,000 results in an estimated price of approximately £384,956.
| 6 Jun 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 146.7 | 71.092 % | £225,000 | £159,956 | £384,956 |
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 | 46.122 % | £103,773 | £328,773 |
| 3 Month Average | 52.924 % | £119,078 | £344,078 |
| 6 Month Average | 59.903 % | £134,782 | £359,782 |
This house has a floor area of 51 sq meters or 551 sq feet when measured on 5 Jun 2010.
The average size of a house on LAUREL GROVE is 84 sq meters (906 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (551 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Laurel Grove |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Laurel Grove |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Laurel Grove |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Douglas Walk |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Mews |