£385,841
This estimated value is based upon the latest sale price for the house of £210,000 on 24 Apr 2009. 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 |
|---|---|
| £210,000 | 24 Apr 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 April 2009 the House Price Index for ESSEX was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.734%.Applying this 83.734% change to the original purchase price of £210,000 results in an estimated price of approximately £385,841.
| 24 Apr 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.734 % | £210,000 | £175,841 | £385,841 |
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 | 25.605 % | £53,770 | £263,770 |
| 3 Month Average | 84.830 % | £178,142 | £388,142 |
| 6 Month Average | 106.974 % | £224,644 | £434,644 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Aug 2019.
The average size of a house on ARBOUR LANE is 79 sq meters (852 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hillary Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Acer Grove |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Acer Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill View Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill View Road |