£349,086
This estimated value is based upon the latest sale price for the house of £222,500 on 23 Aug 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 3, 8 Kingsdale Business Centre, Regina Road, Chelmsford, CM1 1PE
Phone: 01245378661
Price Paid | Date |
---|---|
£222,500 | 23 Aug 2007 |
£160,000 | 5 Jun 2003 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 2007 the House Price Index for ESSEX was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £222,500 results in an estimated price of approximately £349,086.
23 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.6 | 56.893 % | £222,500 | £126,586 | £349,086 |
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 | 66.433 % | £147,812 | £370,312 |
3 Month Average | 37.183 % | £82,731 | £305,231 |
6 Month Average | 54.420 % | £121,084 | £343,584 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £435,569 | £430,000 | 22 OLD COURT ARBOUR LANE |
8 Sep 2023 | £405,181 | £400,000 | 30 PARKLANDS DRIVE |
28 Apr 2023 | £515,551 | £510,000 | 27 PERRY HILL |
1 Nov 2022 | £355,692 | £360,000 | 17 OLD COURT ARBOUR LANE |
11 Oct 2022 | £325,001 | £328,500 | 19 OLD COURT ARBOUR LANE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 21 Jul 2020. Using an estimated price of £349,087 means this house is valued at £4,106 per sq meter (£381 per sq foot).
The average size of a house on PARKLANDS DRIVE is 111 sq meters (1,200 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Turkey Oaks |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
Mar 2024 | Anti-social behaviour | On or near Abbotts Place | |
Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Chelmer Place |