£272,799
This estimated value is based upon the latest sale price for the house of £217,000 on 21 Dec 2017. 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 Petersfield
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
| Price Paid | Date |
|---|---|
| £217,000 | 21 Dec 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 664 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 2017 the House Price Index for ESSEX was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £217,000 results in an estimated price of approximately £272,799.
| 21 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £217,000 | £55,799 | £272,799 |
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 | 8.543 % | £18,537 | £235,537 |
| 3 Month Average | -9.992 % | £-21,683 | £195,316 |
| 6 Month Average | 3.047 % | £6,611 | £223,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £406,011 | £400,000 | 12 AUBREY CLOSE |
| 27 Jan 2023 | £507,609 | £510,000 | 45 AUBREY CLOSE |
| 18 Mar 2022 | £544,038 | £525,000 | 44 PETERSFIELD |
| 1 Nov 2021 | £540,757 | £500,000 | 43 PETERSFIELD |
| 30 Sep 2021 | £457,977 | £425,000 | 28 AUBREY CLOSE |
This house has a floor area of 61 sq meters or 664 sq feet when measured on 27 Jan 2009. Using an estimated price of £272,800 means this house is valued at £4,416 per sq meter (£410 per sq foot).
The average size of a house on BROOMFIELD ROAD is 70 sq meters (755 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Petersfield |
| Jan 2024 | Anti-social behaviour | On or near Aubrey Close | |
| Jan 2024 | Anti-social behaviour | On or near Aubrey Close | |
| Jan 2024 | Anti-social behaviour | On or near Aubrey Close | |
| Jan 2024 | Anti-social behaviour | On or near Aubrey Close |