£378,506
This estimated value is based upon the latest sale price for the house of £138,000 on 2 Aug 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Victoria House, Victoria Road, Chelmsford, CM1 1JR
Phone: 01255770654
| Price Paid | Date |
|---|---|
| £138,000 | 2 Aug 2002 |
| £68,500 | 2 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 698 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 August 2002 the House Price Index for ESSEX was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £138,000 results in an estimated price of approximately £378,506.
| 2 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £138,000 | £240,506 | £378,506 |
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 | 175.272 % | £241,874 | £379,874 |
| 3 Month Average | 108.612 % | £149,884 | £287,884 |
| 6 Month Average | 144.950 % | £200,030 | £338,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £376,589 | £370,000 | 1 STEAMER TERRACE |
| 27 Jun 2023 | £288,495 | £285,000 | 26 TOWNFIELD STREET |
| 2 Jun 2023 | £260,151 | £257,000 | 5 TOWNFIELD STREET |
| 13 Apr 2023 | £924,959 | £915,000 | RADIO HOUSE, 31 GLEBE ROAD |
| 25 Jan 2023 | £338,406 | £340,000 | 5A STEAMER TERRACE |
This house has a floor area of 64 sq meters or 698 sq feet when measured on 1 Jul 2009. Using an estimated price of £378,507 means this house is valued at £5,829 per sq meter (£541 per sq foot).
The average size of a house on TOWNFIELD STREET is 60 sq meters (655 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Possession of weapons | Under investigation | On or near Parking Area |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Townfield Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Townfield Street |