£561,748
This estimated value is based upon the latest sale price for the house of £349,995 on 16 Dec 2013. 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 |
|---|---|
| £349,995 | 16 Dec 2013 |
| £285,000 | 21 Aug 2009 |
| £48,000 | 31 Jul 1996 |
| Semi-Detached |
| Freehold |
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 2013 the House Price Index for ESSEX was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £349,995 results in an estimated price of approximately £561,748.
| 16 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £349,995 | £211,753 | £561,748 |
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 | 78.481 % | £274,680 | £624,675 |
| 3 Month Average | 39.042 % | £136,643 | £486,638 |
| 6 Month Average | 48.152 % | £168,529 | £518,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £284,208 | £280,000 | 5 CLOBBS YARD |
| 28 Sep 2023 | £308,251 | £304,310 | 92 MAIN ROAD |
| 1 Aug 2023 | £240,857 | £238,750 | 88 MAIN ROAD |
| 25 Jul 2023 | £311,188 | £307,000 | 44 RIDLEY ROAD |
| 14 Apr 2023 | £343,701 | £340,000 | 10 RIDLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Post Office Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Gibson Vale |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Main Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Main Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Main Road |