£891,660
This estimated value is based upon the latest sale price for the house of £500,000 on 4 Sep 2009. 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 |
---|---|
£500,000 | 4 Sep 2009 |
Detached |
Freehold |
Floor Area: 185 sq meters or 1,996 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 2009 the House Price Index for ESSEX was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £500,000 results in an estimated price of approximately £891,660.
4 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 148.6 | 78.332 % | £500,000 | £391,660 | £891,660 |
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 | 81.541 % | £407,703 | £907,703 |
3 Month Average | 41.822 % | £209,108 | £709,108 |
6 Month Average | 65.075 % | £325,375 | £825,375 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Aug 2023 | £479,192 | £475,000 | HUNTROYDE RAINSFORD ROAD |
28 Jul 2023 | £203,742 | £201,000 | 43 WHEATFIELD WAY |
28 Jul 2023 | £937,619 | £925,000 | 30 RAINSFORD AVENUE |
21 Jul 2023 | £326,900 | £322,500 | 160 RAINSFORD ROAD |
28 Feb 2023 | £404,728 | £405,000 | 81 SOUTH PRIMROSE HILL |
This house has a floor area of 185 sq meters or 1,996 sq feet when measured on 26 Mar 2009. Using an estimated price of £891,660 means this house is valued at £4,806 per sq meter (£446 per sq foot).
The average size of a house on RAINSFORD AVENUE is 159 sq meters (1,721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rainsford Avenue |
Apr 2024 | Other crime | Under investigation | On or near Nelson Grove |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Nelson Grove |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Grove |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nelson Grove |