£1,053,652
This estimated value is based upon the latest sale price for the house of £430,000 on 7 Feb 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
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106 Hutton Road, Shenfield, CM15 8NB
Phone: 01277576101
| Price Paid | Date |
|---|---|
| £430,000 | 7 Feb 2003 |
| Detached |
| Freehold |
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 February 2003 the House Price Index for ESSEX was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £430,000 results in an estimated price of approximately £1,053,652.
| 7 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £430,000 | £623,652 | £1,053,652 |
The Postcode Pricing Model uses changes in average sales price within the CM15 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 | 70.775 % | £304,334 | £734,334 |
| 3 Month Average | 155.840 % | £670,111 | £1,100,111 |
| 6 Month Average | 104.403 % | £448,934 | £878,934 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £1,498,106 | £1,485,000 | 28 CHELMSFORD ROAD |
| 28 Feb 2023 | £189,872 | £190,000 | FLAT 11 SAWYERS COURT CHELMSFORD ROAD |
| 16 Mar 2022 | £647,664 | £625,000 | 65 CHELMSFORD ROAD |
| 10 Mar 2022 | £190,672 | £184,000 | FLAT 6 SAWYERS COURT CHELMSFORD ROAD |
| 11 Feb 2022 | £993,114 | £947,000 | 35 CHELMSFORD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crossways |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crossways |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holmwood Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Chelmsford Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Chelmsford Road |