£569,937
This estimated value is based upon the latest sale price for the house of £460,000 on 18 Jan 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been four burglaries within the last year on or near Second Avenue
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Imperial House, Cottage Place, Victoria Road, Chelmsford, CM1 1NY
Phone: 01245679863
| Price Paid | Date |
|---|---|
| £460,000 | 18 Jan 2018 |
| £315,000 | 2 Dec 2013 |
| £293,000 | 14 May 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 January 2018 the House Price Index for ESSEX was 118.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.899%.Applying this 23.899% change to the original purchase price of £460,000 results in an estimated price of approximately £569,937.
| 18 Jan 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 146.7 | 23.899 % | £460,000 | £109,937 | £569,937 |
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 | -35.655 % | £-164,011 | £295,988 |
| 3 Month Average | -8.104 % | £-37,278 | £422,721 |
| 6 Month Average | 4.072 % | £18,729 | £478,729 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 19 Jul 2017.
The average size of a house on SECOND AVENUE is 105 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Second Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Second Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Second Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Second Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Second Avenue |