£441,079
This estimated value is based upon the latest sale price for the house of £376,000 on 1 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
Price Paid | Date |
---|---|
£376,000 | 1 Oct 2020 |
£316,500 | 26 Nov 2015 |
£208,000 | 12 Aug 2005 |
£185,000 | 11 Sep 2003 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £376,000 results in an estimated price of approximately £441,079.
1 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £376,000 | £65,079 | £441,079 |
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 | 8.484 % | £31,900 | £407,900 |
3 Month Average | -20.880 % | £-78,509 | £297,490 |
6 Month Average | -1.241 % | £-4,665 | £371,334 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2023 | £171,617 | £170,000 | 113 ROOKES CRESCENT |
27 Sep 2022 | £495,995 | £500,000 | 149 PARKINSON DRIVE |
20 May 2022 | £219,129 | £215,000 | 167 PARKINSON DRIVE |
24 Mar 2022 | £212,434 | £205,000 | 183 PARKINSON DRIVE |
2 Feb 2022 | £471,913 | £450,000 | 185 PARKINSON DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 8 Aug 2015. Using an estimated price of £441,079 means this house is valued at £5,250 per sq meter (£487 per sq foot).
The average size of a house on PARKINSON DRIVE is 70 sq meters (761 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkinson Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkinson Drive |