£569,943
This estimated value is based upon the latest sale price for the house of £480,000 on 10 Sep 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Cedar Avenue
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
Price Paid | Date |
---|---|
£480,000 | 10 Sep 2020 |
Detached |
Freehold |
Floor Area: 125 sq meters or 1,345 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £480,000 results in an estimated price of approximately £569,943.
10 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £480,000 | £89,943 | £569,943 |
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 | -9.235 % | £-44,329 | £435,670 |
3 Month Average | -4.283 % | £-20,556 | £459,443 |
6 Month Average | 7.104 % | £34,099 | £514,099 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jul 2023 | £658,868 | £650,000 | 26 CEDAR AVENUE WEST |
28 Jun 2023 | £101,226 | £100,000 | FLAT 34 SPALDING COURT CEDAR AVENUE |
31 Mar 2023 | £248,844 | £246,500 | 19 THOMPSON COURT BROOMFIELD ROAD |
31 Mar 2023 | £141,332 | £140,000 | FLAT 17 SPALDING COURT CEDAR AVENUE |
17 Feb 2023 | £209,859 | £210,000 | 1 THOMPSON COURT BROOMFIELD ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 21 Apr 2017. Using an estimated price of £569,943 means this house is valued at £4,559 per sq meter (£423 per sq foot).
The average size of a house on CEDAR AVENUE is 72 sq meters (778 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedar Avenue |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cedar Avenue |