£315,215
This estimated value is based upon the latest sale price for the house of £255,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 1G, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG
Phone: 01277576821
| Price Paid | Date |
|---|---|
| £255,000 | 3 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 37 sq meters or 398 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 May 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £255,000 results in an estimated price of approximately £315,215.
| 3 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £255,000 | £60,215 | £315,215 |
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 | 21.449 % | £54,694 | £309,694 |
| 3 Month Average | -4.336 % | £-11,056 | £243,943 |
| 6 Month Average | 4.159 % | £10,606 | £265,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2023 | £283,048 | £280,000 | 49 WATERHOUSE LANE |
| 31 Mar 2023 | £175,655 | £174,000 | 14 CHARNWOOD AVENUE |
| 31 Jan 2023 | £343,382 | £345,000 | 40 CHARNWOOD AVENUE |
| 12 Jul 2022 | £342,923 | £342,000 | 25 DELAMERE ROAD |
| 30 Jun 2022 | £289,085 | £285,000 | 31 EPPING CLOSE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 30 Dec 2016. Using an estimated price of £315,215 means this house is valued at £8,519 per sq meter (£791 per sq foot).
The average size of a house on CHARNWOOD AVENUE is 68 sq meters (734 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (398 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Charnwood Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Charnwood Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Charnwood Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Charnwood Avenue |
| Mar 2024 | Criminal damage and arson | Local resolution | On or near Charnwood Avenue |