£197,177
This estimated value is based upon the latest sale price for the house of £175,000 on 8 Jan 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
| Price Paid | Date |
|---|---|
| £175,000 | 8 Jan 2021 |
| £138,000 | 2 Jun 2015 |
| £133,500 | 3 Apr 2007 |
| £125,000 | 12 Dec 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 January 2021 the House Price Index for ESSEX was 130.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 12.673%.Applying this 12.673% change to the original purchase price of £175,000 results in an estimated price of approximately £197,177.
| 8 Jan 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 146.7 | 12.673 % | £175,000 | £22,177 | £197,177 |
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 | -50.917 % | £-89,104 | £85,895 |
| 3 Month Average | -14.266 % | £-24,965 | £150,034 |
| 6 Month Average | -7.528 % | £-13,174 | £161,825 |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 11 Dec 2014.
The average size of a house on PARKINSON DRIVE is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkinson Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkinson Drive |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Parkinson Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Perrin Place |