£664,940
This estimated value is based upon the latest sale price for the house of £402,500 on 24 May 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
| Price Paid | Date |
|---|---|
| £402,500 | 24 May 2013 |
| £357,000 | 20 Apr 2005 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2013 the House Price Index for ESSEX was 88.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.203%.Applying this 65.203% change to the original purchase price of £402,500 results in an estimated price of approximately £664,940.
| 24 May 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 146.7 | 65.203 % | £402,500 | £262,440 | £664,940 |
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 | 3.749 % | £15,088 | £417,588 |
| 3 Month Average | 45.377 % | £182,641 | £585,141 |
| 6 Month Average | 60.738 % | £244,471 | £646,971 |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 13 Feb 2013.
The average size of a house on PARK AVENUE is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richardson Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Warwick Square |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Warwick Square |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Warwick Square |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Square |