£710,499
This estimated value is based upon the latest sale price for the house of £499,999 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
| Price Paid | Date |
|---|---|
| £499,999 | 31 Jul 2015 |
| £287,000 | 20 Jul 2001 |
| £120,000 | 12 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 2015 the House Price Index for ESSEX was 103.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 42.100%.Applying this 42.100% change to the original purchase price of £499,999 results in an estimated price of approximately £710,499.
| 31 Jul 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 146.7 | 42.100 % | £499,999 | £210,500 | £710,499 |
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 | -18.845 % | £-94,227 | £405,771 |
| 3 Month Average | 17.506 % | £87,531 | £587,530 |
| 6 Month Average | 32.716 % | £163,577 | £663,576 |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 30 Jul 2014.
The average size of a house on BROOMFIELD ROAD is 70 sq meters (755 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Pottery Lane |
| 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 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |