£693,638
This estimated value is based upon the latest sale price for the house of £550,000 on 25 Jul 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been three burglaries within the last year on or near Pottery Lane
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
Price Paid | Date |
---|---|
£550,000 | 25 Jul 2017 |
£380,000 | 1 Sep 2008 |
£115,000 | 18 Jul 1996 |
Detached |
Freehold |
Floor Area: 127 sq meters or 1,367 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 July 2017 the House Price Index for ESSEX was 116.6.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 26.116%.Applying this 26.116% change to the original purchase price of £550,000 results in an estimated price of approximately £693,638.
25 Jul 2017 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 147.0 | 26.116 % | £550,000 | £143,638 | £693,638 |
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 | -1.919 % | £-10,552 | £539,447 |
3 Month Average | 4.182 % | £22,999 | £572,999 |
6 Month Average | 20.064 % | £110,349 | £660,349 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Feb 2023 | £441,593 | £447,000 | 23 CHESTNUT WALK |
19 Aug 2022 | £349,273 | £354,500 | 33 CHESTNUT WALK |
3 Feb 2022 | £440,275 | £425,000 | 7 BORDA CLOSE |
5 Jan 2022 | £479,235 | £460,000 | 11 BORDA CLOSE |
27 Sep 2021 | £585,870 | £550,000 | 17 THE DRIVE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 15 May 2018. Using an estimated price of £693,639 means this house is valued at £5,461 per sq meter (£507 per sq foot).
The average size of a house on POTTERY LANE is 187 sq meters (2,021 sq feet).
This house is the smallest in the street with a floor area of 127 sq meters (1,367 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Pottery Lane |
Oct 2023 | Burglary | Investigation complete; no suspect identified | On or near Pottery Lane |
Oct 2023 | Burglary | Investigation complete; no suspect identified | On or near Pottery Lane |
Nov 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near The Drive |
Oct 2023 | Burglary | Investigation complete; no suspect identified | On or near The Drive |