£660,476
This estimated value is based upon the latest sale price for the house of £545,000 on 24 Apr 2020. 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 |
|---|---|
| £545,000 | 24 Apr 2020 |
| £320,000 | 2 Dec 2004 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2020 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.188%.Applying this 21.188% change to the original purchase price of £545,000 results in an estimated price of approximately £660,476.
| 24 Apr 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.188 % | £545,000 | £115,476 | £660,476 |
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 | -49.394 % | £-269,198 | £275,801 |
| 3 Month Average | 3.245 % | £17,683 | £562,683 |
| 6 Month Average | 8.322 % | £45,355 | £590,355 |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 22 Jan 2016.
The average size of a house on HONEY CLOSE is 120 sq meters (1,299 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Honey Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poplar Close |
| Dec 2023 | Other crime | Under investigation | On or near Poplar Close |
| Dec 2023 | Anti-social behaviour | On or near Sawkins Close | |
| Dec 2023 | Anti-social behaviour | On or near Sawkins Close |