£226,388
This estimated value is based upon the latest sale price for the house of £124,000 on 12 May 2005. 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 Tapley Road
More crime details
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
Price Paid | Date |
---|---|
£124,000 | 12 May 2005 |
£122,000 | 12 Aug 2002 |
£45,000 | 12 Sep 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 May 2005 the House Price Index for ESSEX was 80.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.571%.Applying this 82.571% change to the original purchase price of £124,000 results in an estimated price of approximately £226,388.
12 May 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 146.7 | 82.571 % | £124,000 | £102,388 | £226,388 |
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 | 19.235 % | £23,850 | £147,850 |
3 Month Average | 73.659 % | £91,336 | £215,336 |
6 Month Average | 91.672 % | £113,673 | £237,673 |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 9 Apr 2013.
The average size of a house on DROOD CLOSE is 68 sq meters (740 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Tapley Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Tapley Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnaby Rudge |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bounderby Grove |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bounderby Grove |