£596,820
This estimated value is based upon the latest sale price for the house of £420,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Elizabeth House, 28 Baddow Road, Chelmsford, CM2 0DG
Phone: 01245845575
| Price Paid | Date |
|---|---|
| £420,000 | 31 Jul 2015 |
| £355,000 | 20 Dec 2013 |
| £172,500 | 27 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 £420,000 results in an estimated price of approximately £596,820.
| 31 Jul 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 146.7 | 42.100 % | £420,000 | £176,820 | £596,820 |
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 | 10.021 % | £42,087 | £462,087 |
| 3 Month Average | 21.421 % | £89,970 | £509,970 |
| 6 Month Average | 29.434 % | £123,622 | £543,622 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 24 Oct 2013.
The average size of a house on LONGMEAD AVENUE is 133 sq meters (1,433 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oldbury Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lodge Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lodge Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lodge Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Spalding Way |