£500,001
This estimated value is based upon the latest sale price for the house of £299,436 on 4 Dec 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Highfield Road
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
| Price Paid | Date |
|---|---|
| £299,436 | 4 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 December 2012 the House Price Index for ESSEX was 87.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.981%.Applying this 66.981% change to the original purchase price of £299,436 results in an estimated price of approximately £500,001.
| 4 Dec 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 146.7 | 66.981 % | £299,436 | £200,565 | £500,001 |
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 | 1.413 % | £4,231 | £303,667 |
| 3 Month Average | 38.447 % | £115,124 | £414,560 |
| 6 Month Average | 54.360 % | £162,774 | £462,210 |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 30 Aug 2012.
The average size of a house on HIGHFIELD ROAD is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Highfield Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sunningdale Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sunningdale Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near St James Park |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St James Park |