£357,955
This estimated value is based upon the latest sale price for the house of £239,995 on 15 Dec 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
| Price Paid | Date |
|---|---|
| £239,995 | 15 Dec 2014 |
| £77,000 | 16 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 December 2014 the House Price Index for ESSEX was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £239,995 results in an estimated price of approximately £357,955.
| 15 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £239,995 | £117,960 | £357,955 |
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 | 62.866 % | £150,875 | £390,870 |
| 3 Month Average | 19.342 % | £46,419 | £286,414 |
| 6 Month Average | 37.911 % | £90,984 | £330,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £340,034 | £335,000 | 89 PINES ROAD |
| 24 Jul 2023 | £278,752 | £275,000 | 42 PINES ROAD |
| 10 Mar 2023 | £307,901 | £305,000 | 125 MELBOURNE AVENUE |
| 1 Mar 2023 | £328,091 | £325,000 | 6 PENNINE ROAD |
| 8 Sep 2022 | £381,916 | £385,000 | 121 PINES ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 19 Feb 2013. Using an estimated price of £357,955 means this house is valued at £3,890 per sq meter (£361 per sq foot).
The average size of a house on PINES ROAD is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wellington Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dene Court |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Dene Court |
| Mar 2024 | Public order | Under investigation | On or near Pennine Road |