£210,032
This estimated value is based upon the latest sale price for the house of £170,000 on 17 Jun 2019. 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 |
|---|---|
| £170,000 | 17 Jun 2019 |
| £120,000 | 15 Dec 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 June 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £170,000 results in an estimated price of approximately £210,032.
| 17 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £170,000 | £40,032 | £210,032 |
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 | 15.464 % | £26,289 | £196,289 |
| 3 Month Average | -5.637 % | £-9,583 | £160,416 |
| 6 Month Average | 3.141 % | £5,340 | £175,340 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £213,740 | £210,000 | 9 PARKINSON DRIVE |
| 31 Jul 2023 | £202,729 | £200,000 | 16 PARKINSON DRIVE |
| 28 Jul 2023 | £557,503 | £550,000 | 87 PARKINSON DRIVE |
| 31 Oct 2022 | £222,603 | £225,000 | 34 EVELYN PLACE |
| 10 Aug 2022 | £234,369 | £235,000 | 12 EVELYN PLACE |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 14 Jan 2019. Using an estimated price of £210,033 means this house is valued at £6,563 per sq meter (£609 per sq foot).
The average size of a house on PARKINSON DRIVE is 70 sq meters (761 sq feet).
This house is the smallest in the street with a floor area of 32 sq meters (344 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Evelyn Place |
| Feb 2024 | Anti-social behaviour | On or near Evelyn Place | |
| Feb 2024 | Anti-social behaviour | On or near Evelyn Place | |
| Feb 2024 | Anti-social behaviour | On or near Evelyn Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Evelyn Place |