£483,029
This estimated value is based upon the latest sale price for the house of £265,000 on 25 Feb 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Sports/Recreation Area
More crime details
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Suite 1G, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG
Phone: 01277576821
| Price Paid | Date |
|---|---|
| £265,000 | 25 Feb 2009 |
| 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 February 2009 the House Price Index for ESSEX was 80.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.275%.Applying this 82.275% change to the original purchase price of £265,000 results in an estimated price of approximately £483,029.
| 25 Feb 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 146.7 | 82.275 % | £265,000 | £218,029 | £483,029 |
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 | 44.066 % | £116,774 | £381,774 |
| 3 Month Average | 93.820 % | £248,621 | £513,621 |
| 6 Month Average | 105.739 % | £280,207 | £545,207 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Milburn Crescent |
| Feb 2024 | Anti-social behaviour | On or near Milburn Crescent | |
| Feb 2024 | Anti-social behaviour | On or near Milburn Crescent | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milburn Crescent |