£345,713
This estimated value is based upon the latest sale price for the house of £142,500 on 14 Mar 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 3, 8 Kingsdale Business Centre, Regina Road, Chelmsford, CM1 1PE
Phone: 01245378661
| Price Paid | Date |
|---|---|
| £142,500 | 14 Mar 2003 |
| £97,000 | 2 Jan 2001 |
| £53,000 | 9 Jul 1998 |
| Terraced |
| Leasehold |
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 March 2003 the House Price Index for ESSEX was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £142,500 results in an estimated price of approximately £345,713.
| 14 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 148.6 | 142.606 % | £142,500 | £203,213 | £345,713 |
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 | 135.916 % | £193,679 | £336,179 |
| 3 Month Average | 91.850 % | £130,886 | £273,386 |
| 6 Month Average | 113.915 % | £162,328 | £304,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £235,511 | £232,500 | FLAT 2 THE PHOENIX, 41 NEW STREET |
| 21 Aug 2023 | £191,677 | £190,000 | 318 DURRANT COURT |
| 24 Feb 2023 | £229,845 | £230,000 | 101 DURRANT COURT |
| 22 Aug 2022 | £214,921 | £215,500 | 411 DURRANT COURT |
| 22 Aug 2022 | £229,383 | £230,000 | 306 DURRANT COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Conference/Exhibition Centre |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Conference/Exhibition Centre |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Conference/Exhibition Centre |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Conference/Exhibition Centre |
| Mar 2024 | Anti-social behaviour | On or near Bishop Hall Lane |