£757,178
This estimated value is based upon the latest sale price for the house of £440,000 on 29 Sep 2008. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Highfield Road
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
| Price Paid | Date |
|---|---|
| £440,000 | 29 Sep 2008 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 2008 the House Price Index for ESSEX was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.086%.Applying this 72.086% change to the original purchase price of £440,000 results in an estimated price of approximately £757,178.
| 29 Sep 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.086 % | £440,000 | £317,178 | £757,178 |
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 | 109.304 % | £480,938 | £920,938 |
| 3 Month Average | 53.563 % | £235,678 | £675,678 |
| 6 Month Average | 61.608 % | £271,075 | £711,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £656,723 | £647,000 | 9 SUNNINGDALE ROAD |
| 1 Sep 2023 | £698,937 | £690,000 | 18 ACRES END |
| 26 Aug 2022 | £542,540 | £544,000 | 55 ST FABIANS DRIVE |
| 27 Jun 2022 | £689,748 | £680,000 | 8 HIGHFIELD ROAD |
| 11 Mar 2022 | £715,021 | £690,000 | 70 HIGHFIELD ROAD |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 29 Oct 2012. Using an estimated price of £757,178 means this house is valued at £5,370 per sq meter (£498 per sq foot).
The average size of a house on HIGHFIELD ROAD is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Highfield Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sunningdale Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St James Park |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near St James Park |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acres End |