£216,650
This estimated value is based upon the latest sale price for the house of £127,000 on 20 Jul 2011. 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 |
|---|---|
| £127,000 | 20 Jul 2011 |
| £124,000 | 21 Oct 2005 |
| £60,000 | 18 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 July 2011 the House Price Index for ESSEX was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.591%.Applying this 70.591% change to the original purchase price of £127,000 results in an estimated price of approximately £216,650.
| 20 Jul 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.591 % | £127,000 | £89,650 | £216,650 |
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 | 16.458 % | £20,901 | £147,901 |
| 3 Month Average | 58.036 % | £73,705 | £200,705 |
| 6 Month Average | 71.222 % | £90,452 | £217,452 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 24 Dec 2021.
The average size of a house on FOREST DRIVE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Catherine'S Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Catherine'S Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near St Catherine'S Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near St Catherine'S Road |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near St Catherine'S Road |