£664,069
This estimated value is based upon the latest sale price for the house of £532,000 on 5 Apr 2018. 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 Cedar Avenue
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
| Price Paid | Date |
|---|---|
| £532,000 | 5 Apr 2018 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 2018 the House Price Index for ESSEX was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £532,000 results in an estimated price of approximately £664,069.
| 5 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £532,000 | £132,069 | £664,069 |
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 | 6.662 % | £35,440 | £567,440 |
| 3 Month Average | -5.734 % | £-30,502 | £501,497 |
| 6 Month Average | -0.952 % | £-5,063 | £526,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £192,592 | £190,000 | FLAT 8 43A BROOMFIELD ROAD |
| 4 Jul 2023 | £658,868 | £650,000 | 26 CEDAR AVENUE WEST |
| 28 Jun 2023 | £101,226 | £100,000 | FLAT 34 SPALDING COURT CEDAR AVENUE |
| 31 Mar 2023 | £248,844 | £246,500 | 19 THOMPSON COURT BROOMFIELD ROAD |
| 31 Mar 2023 | £141,332 | £140,000 | FLAT 17 SPALDING COURT CEDAR AVENUE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 17 Oct 2017. Using an estimated price of £664,070 means this house is valued at £4,486 per sq meter (£416 per sq foot).
The average size of a house on CEDAR AVENUE is 72 sq meters (778 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedar Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cedar Avenue |