£359,290
This estimated value is based upon the latest sale price for the house of £285,000 on 10 Nov 2017. 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 |
|---|---|
| £285,000 | 10 Nov 2017 |
| £219,000 | 27 Feb 2017 |
| £21,500 | 11 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2017 the House Price Index for ESSEX was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £285,000 results in an estimated price of approximately £359,290.
| 10 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £285,000 | £74,290 | £359,290 |
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 | 13.145 % | £37,463 | £322,463 |
| 3 Month Average | -8.760 % | £-24,966 | £260,033 |
| 6 Month Average | 2.599 % | £7,406 | £292,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £350,243 | £346,000 | 2 ARTHUR COURT |
| 1 Feb 2023 | £174,882 | £175,000 | FLAT 5 42 EASTERN CRESCENT |
| 31 Aug 2022 | £329,114 | £330,000 | 35 NORTH AVENUE |
| 1 Aug 2022 | £311,162 | £312,000 | 8 OCKELFORD AVENUE |
| 23 Feb 2022 | £218,128 | £208,000 | FLAT 1 42 EASTERN CRESCENT |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 8 Jun 2017. Using an estimated price of £359,291 means this house is valued at £5,443 per sq meter (£505 per sq foot).
The average size of a house on NORTH AVENUE is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near North Avenue |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near North Avenue |
| Feb 2024 | Drugs | Awaiting court outcome | On or near North Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Arthur Court |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Arthur Court |