£235,339
This estimated value is based upon the latest sale price for the house of £55,000 on 12 Jul 1999. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
Price Paid | Date |
---|---|
£55,000 | 12 Jul 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 506 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 1999 the House Price Index for ESSEX was 34.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 327.890%.Applying this 327.890% change to the original purchase price of £55,000 results in an estimated price of approximately £235,339.
12 Jul 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.3 | 146.7 | 327.890 % | £55,000 | £180,339 | £235,339 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 255.745 % | £140,659 | £195,659 |
3 Month Average | 285.875 % | £157,231 | £212,231 |
6 Month Average | 312.066 % | £171,636 | £226,636 |
This house has a floor area of 47 sq meters or 506 sq feet when measured on 27 May 2009.
The average size of a house on BROOKLANDS WALK is 48 sq meters (522 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Brooklands Walk | |
Feb 2024 | Anti-social behaviour | On or near Brooklands Walk | |
Feb 2024 | Anti-social behaviour | On or near Brooklands Walk | |
Mar 2024 | Public order | Under investigation | On or near Laurel Grove |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Laurel Grove |