£294,296
This estimated value is based upon the latest sale price for the house of £77,000 on 15 Mar 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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First Floor, Nelson House, 23 - 27 Moulsham Street, Chelmsford, CM2 0XQ
Phone: 01245679722
Price Paid | Date |
---|---|
£77,000 | 15 Mar 2000 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 644 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 March 2000 the House Price Index for ESSEX was 38.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 282.203%.Applying this 282.203% change to the original purchase price of £77,000 results in an estimated price of approximately £294,296.
15 Mar 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
38.4 | 146.7 | 282.203 % | £77,000 | £217,296 | £294,296 |
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 | 223.500 % | £172,095 | £249,095 |
3 Month Average | 246.700 % | £189,959 | £266,959 |
6 Month Average | 270.430 % | £208,230 | £285,230 |
This house has a floor area of 59 sq meters or 644 sq feet when measured on 8 Sep 2010.
The average size of a house on ROMAN ROAD is 67 sq meters (721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Gladstone Court |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gladstone Court |
Jan 2024 | Burglary | Under investigation | On or near Upper Roman Road |