£493,024
This estimated value is based upon the latest sale price for the house of £490,000 on 5 May 2022. 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 |
---|---|
£490,000 | 5 May 2022 |
£450,000 | 16 Oct 2017 |
Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 May 2022 the House Price Index for ESSEX was 145.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.617%.Applying this 0.617% change to the original purchase price of £490,000 results in an estimated price of approximately £493,024.
5 May 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 146.7 | 0.617 % | £490,000 | £3,024 | £493,024 |
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 | -37.827 % | £-185,353 | £304,646 |
3 Month Average | -12.665 % | £-62,060 | £427,939 |
6 Month Average | -4.335 % | £-21,243 | £468,756 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 25 Jan 2013.
The average size of a house on CHUZZLEWIT DRIVE is 128 sq meters (1,383 sq feet).
This house is the smallest in the street with a floor area of 94 sq meters (1,011 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Unable to prosecute suspect | On or near Chuzzlewit Drive |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chuzzlewit Drive |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Estella Mead |
Feb 2024 | Vehicle crime | Under investigation | On or near Wardle Way |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wardle Way |