£324,714
This estimated value is based upon the latest sale price for the house of £57,000 on 31 Oct 1995. 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 Saxon Way
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
| Price Paid | Date |
|---|---|
| £57,000 | 31 Oct 1995 |
| £57,000 | 29 Jun 1995 |
| Terraced |
| 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 October 1995 the House Price Index for ESSEX was 26.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 469.674%.Applying this 469.674% change to the original purchase price of £57,000 results in an estimated price of approximately £324,714.
| 31 Oct 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 148.6 | 469.674 % | £57,000 | £267,714 | £324,714 |
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 | 598.063 % | £340,896 | £397,896 |
| 3 Month Average | 451.611 % | £257,418 | £314,418 |
| 6 Month Average | 506.406 % | £288,651 | £345,651 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £284,208 | £280,000 | 5 CLOBBS YARD |
| 27 Nov 2023 | £642,005 | £632,500 | 8 HOMESTEAD |
| 28 Sep 2023 | £308,251 | £304,310 | 92 MAIN ROAD |
| 31 Aug 2023 | £564,942 | £560,000 | 16 ASHFORD PLACE |
| 1 Aug 2023 | £240,857 | £238,750 | 88 MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Saxon Way |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Homestead |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Vellacotts |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Vellacotts |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Vellacotts |