£477,917
This estimated value is based upon the latest sale price for the house of £460,000 on 5 Jan 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
| Price Paid | Date |
|---|---|
| £460,000 | 5 Jan 2022 |
| £277,500 | 4 Mar 2011 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,191 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 2022 the House Price Index for ESSEX was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £460,000 results in an estimated price of approximately £477,917.
| 5 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £460,000 | £17,917 | £477,917 |
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 | -15.002 % | £-69,011 | £390,988 |
| 3 Month Average | -1.861 % | £-8,559 | £451,440 |
| 6 Month Average | 9.159 % | £42,132 | £502,132 |
This house has a floor area of 110 sq meters or 1,191 sq feet when measured on 27 Apr 2010.
The average size of a house on BORDA CLOSE is 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Borda Close | |
| Jan 2024 | Anti-social behaviour | On or near Borda Close | |
| Dec 2023 | Anti-social behaviour | On or near Borda Close | |
| Dec 2023 | Anti-social behaviour | On or near Borda Close | |
| Dec 2023 | Anti-social behaviour | On or near Borda Close |