£271,240
This estimated value is based upon the latest sale price for the house of £165,000 on 6 Sep 2013. 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 |
|---|---|
| £165,000 | 6 Sep 2013 |
| £172,500 | 16 Nov 2004 |
| £70,500 | 16 Feb 2000 |
| £55,000 | 11 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 884 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 2013 the House Price Index for ESSEX was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £165,000 results in an estimated price of approximately £271,240.
| 6 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £165,000 | £106,240 | £271,240 |
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 | 40.524 % | £66,864 | £231,864 |
| 3 Month Average | 25.836 % | £42,629 | £207,629 |
| 6 Month Average | 48.183 % | £79,501 | £244,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £327,868 | £325,000 | 192 FOREST DRIVE |
| 14 Apr 2023 | £323,483 | £320,000 | 10 DEAN WAY |
| 6 Apr 2023 | £343,701 | £340,000 | 1 ROTHBURY ROAD |
| 28 Feb 2023 | £534,640 | £535,000 | 121 BEECHES ROAD |
| 9 Jan 2023 | £298,593 | £300,000 | 1 HATFIELD GROVE |
This house has a floor area of 82 sq meters or 884 sq feet when measured on 10 Nov 2008. Using an estimated price of £271,240 means this house is valued at £3,301 per sq meter (£306 per sq foot).
The average size of a house on FOREST DRIVE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Abbess Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hatfield Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hatfield Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hatfield Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hatfield Grove |