£417,924
This estimated value is based upon the latest sale price for the house of £116,000 on 1 Dec 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
| Price Paid | Date |
|---|---|
| £116,000 | 1 Dec 2000 |
| Flats/Maisonettes |
| Leasehold |
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 2000 the House Price Index for ESSEX was 41.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 260.280%.Applying this 260.280% change to the original purchase price of £116,000 results in an estimated price of approximately £417,924.
| 1 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.6 | 260.280 % | £116,000 | £301,924 | £417,924 |
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 | 242.107 % | £280,843 | £396,843 |
| 3 Month Average | 187.258 % | £217,219 | £333,219 |
| 6 Month Average | 224.248 % | £260,127 | £376,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £376,589 | £370,000 | 1 STEAMER TERRACE |
| 25 Jan 2023 | £338,406 | £340,000 | 5A STEAMER TERRACE |
| 30 Nov 2022 | £434,734 | £440,000 | 53 DUKE STREET |
| 9 Feb 2022 | £393,260 | £375,000 | 4 WELLS STREET |
| 7 Jan 2022 | £202,589 | £192,500 | 40 RAILWAY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Nightclub | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Nightclub |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Nightclub |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Railway Street |
| Feb 2024 | Anti-social behaviour | On or near Railway Street |