£451,479
This estimated value is based upon the latest sale price for the house of £99,950 on 18 Feb 1999. 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 |
|---|---|
| £99,950 | 18 Feb 1999 |
| 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 1999 the House Price Index for ESSEX was 32.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 351.705%.Applying this 351.705% change to the original purchase price of £99,950 results in an estimated price of approximately £451,479.
| 18 Feb 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 148.6 | 351.705 % | £99,950 | £351,529 | £451,479 |
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 | 458.473 % | £458,243 | £558,193 |
| 3 Month Average | 314.788 % | £314,630 | £414,580 |
| 6 Month Average | 365.329 % | £365,146 | £465,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £534,349 | £525,000 | 27 TROTWOOD CLOSE |
| 31 Mar 2023 | £681,420 | £675,000 | 31 TROTWOOD CLOSE |
| 31 Aug 2022 | £613,349 | £615,000 | 7 CHUZZLEWIT DRIVE |
| 20 Jun 2022 | £446,307 | £440,000 | 10 FOXGLOVE AVENUE |
| 5 May 2022 | £499,410 | £490,000 | 12 CHUZZLEWIT DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Hawthorn Crescent | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawthorn Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Crescent |
| Jan 2024 | Anti-social behaviour | On or near Hawthorn Crescent | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Crescent |