£405,160
This estimated value is based upon the latest sale price for the house of £317,500 on 21 Apr 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Courtlands
More crime details
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
Price Paid | Date |
---|---|
£317,500 | 21 Apr 2017 |
£315,000 | 12 Dec 2014 |
Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 April 2017 the House Price Index for ESSEX was 115.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.610%.Applying this 27.610% change to the original purchase price of £317,500 results in an estimated price of approximately £405,160.
21 Apr 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 146.7 | 27.610 % | £317,500 | £87,660 | £405,160 |
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 | -30.982 % | £-98,368 | £219,131 |
3 Month Average | 4.641 % | £14,733 | £332,233 |
6 Month Average | 17.171 % | £54,519 | £372,019 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Aug 2014.
The average size of a house on RUTLAND ROAD is 78 sq meters (843 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Courtlands |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Courtlands |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Courtlands |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Barnfield Mews |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Barnfield Mews |