£587,822
This estimated value is based upon the latest sale price for the house of £243,000 on 19 Feb 2003. 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 Priory Close
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
| Price Paid | Date |
|---|---|
| £243,000 | 19 Feb 2003 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 February 2003 the House Price Index for ESSEX was 60.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 141.902%.Applying this 141.902% change to the original purchase price of £243,000 results in an estimated price of approximately £587,822.
| 19 Feb 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 146.7 | 141.902 % | £243,000 | £344,822 | £587,822 |
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 | 44.063 % | £107,073 | £350,073 |
| 3 Month Average | 99.669 % | £242,194 | £485,194 |
| 6 Month Average | 120.827 % | £293,609 | £536,609 |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 11 Mar 2014.
The average size of a house on ASHFORD ROAD is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Priory Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ravensbourne Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dane Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canuden Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Beeches Crescent |