£198,282
This estimated value is based upon the latest sale price for the house of £129,000 on 6 Jun 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
| Price Paid | Date |
|---|---|
| £129,000 | 6 Jun 2014 |
| £124,000 | 24 Jan 2006 |
| £125,000 | 17 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 June 2014 the House Price Index for ESSEX was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £129,000 results in an estimated price of approximately £198,282.
| 6 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £129,000 | £69,282 | £198,282 |
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 | 77.042 % | £99,383 | £228,383 |
| 3 Month Average | 26.065 % | £33,623 | £162,623 |
| 6 Month Average | 49.000 % | £63,209 | £192,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2022 | £495,995 | £500,000 | 149 PARKINSON DRIVE |
| 20 May 2022 | £219,129 | £215,000 | 167 PARKINSON DRIVE |
| 24 Mar 2022 | £212,434 | £205,000 | 183 PARKINSON DRIVE |
| 2 Feb 2022 | £471,913 | £450,000 | 185 PARKINSON DRIVE |
| 28 Jan 2022 | £188,902 | £179,495 | 99 PARKINSON DRIVE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 7 Mar 2014. Using an estimated price of £198,283 means this house is valued at £4,506 per sq meter (£418 per sq foot).
The average size of a house on PARKINSON DRIVE is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Parkinson Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parkinson Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkinson Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkinson Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Perrin Place |