£450,629
This estimated value is based upon the latest sale price for the house of £301,000 on 27 Oct 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Imperial House, Cottage Place, Victoria Road, Chelmsford, CM1 1NY
Phone: 01245679863
| Price Paid | Date |
|---|---|
| £301,000 | 27 Oct 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 October 2014 the House Price Index for ESSEX was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £301,000 results in an estimated price of approximately £450,629.
| 27 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £301,000 | £149,629 | £450,629 |
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 | 40.230 % | £121,091 | £422,091 |
| 3 Month Average | 22.155 % | £66,688 | £367,688 |
| 6 Month Average | 42.057 % | £126,591 | £427,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £430,372 | £424,000 | 22 BISHOP ROAD |
| 14 Sep 2023 | £320,093 | £316,000 | 97 DUNN SIDE |
| 21 Jul 2023 | £435,866 | £430,000 | 32 BISHOP ROAD |
| 20 Jul 2023 | £390,252 | £385,000 | 8 MARCONI ROAD |
| 27 Feb 2023 | £427,712 | £428,000 | 26 BISHOP ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 23 Sep 2014. Using an estimated price of £450,629 means this house is valued at £5,006 per sq meter (£465 per sq foot).
The average size of a house on MARCONI ROAD is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dunn Side |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Feb 2024 | Public order | Awaiting court outcome | On or near Supermarket |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |