£1,756,526
This estimated value is based upon the latest sale price for the house of £292,500 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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First Floor, Nelson House, 23 - 27 Moulsham Street, Chelmsford, CM2 0XQ
Phone: 01245679722
| Price Paid | Date |
|---|---|
| £292,500 | 17 Nov 2023 |
| £155,000 | 14 Dec 2012 |
| £71,995 | 16 Dec 1998 |
| Terraced |
| Freehold |
| 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 November 2023 the House Price Index for ESSEX was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £292,500 results in an estimated price of approximately £1,756,526.
| 17 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £292,500 | £1,464,026 | £1,756,526 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | -7.324 % | £-21,423 | £271,076 |
| 3 Month Average | -5.792 % | £-16,941 | £275,558 |
| 6 Month Average | -5.169 % | £-15,119 | £277,380 |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 3 Jul 2012.
The average size of a house on ROMAN ROAD is 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Gladstone Court |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gladstone Court |
| Jan 2024 | Burglary | Under investigation | On or near Upper Roman Road |