£381,161
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Jul 2010. 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 |
|---|---|
| £225,000 | 12 Jul 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2010 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.405%.Applying this 69.405% change to the original purchase price of £225,000 results in an estimated price of approximately £381,161.
| 12 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.405 % | £225,000 | £156,161 | £381,161 |
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 | 86.851 % | £195,413 | £420,413 |
| 3 Month Average | 45.342 % | £102,020 | £327,020 |
| 6 Month Average | 63.588 % | £143,073 | £368,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £483,459 | £475,000 | 15 NABBOTT ROAD |
| 27 Apr 2023 | £465,007 | £460,000 | 9 ABBESS CLOSE |
| 10 Mar 2023 | £248,340 | £246,000 | 21 NABBOTT ROAD |
| 27 Feb 2023 | £216,354 | £216,500 | 9 RAVENSBOURNE DRIVE |
| 16 Feb 2023 | £514,654 | £515,000 | 2 RAVENSBOURNE DRIVE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 14 Jan 2010. Using an estimated price of £381,162 means this house is valued at £3,810 per sq meter (£353 per sq foot).
The average size of a house on NABBOTT ROAD is 115 sq meters (1,240 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Benedict Drive | |
| Feb 2024 | Anti-social behaviour | On or near Benedict Drive | |
| Feb 2024 | Anti-social behaviour | On or near Benedict Drive | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ravensbourne Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Abbess Close |