£268,857
This estimated value is based upon the latest sale price for the house of £159,995 on 18 Jul 2012. 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 |
---|---|
£159,995 | 18 Jul 2012 |
£145,000 | 16 Sep 2005 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 2012 the House Price Index for ESSEX was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.041%.Applying this 68.041% change to the original purchase price of £159,995 results in an estimated price of approximately £268,857.
18 Jul 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 146.7 | 68.041 % | £159,995 | £108,862 | £268,857 |
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 | 2.544 % | £4,070 | £164,065 |
3 Month Average | 47.564 % | £76,099 | £236,094 |
6 Month Average | 63.740 % | £101,980 | £261,975 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 10 Jun 2014.
The average size of a house on WEST AVENUE is 77 sq meters (837 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Anderson Avenue |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Anderson Avenue |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Anderson Avenue |
Jan 2024 | Other theft | Under investigation | On or near Anderson Avenue |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Anderson Avenue |