£458,808
This estimated value is based upon the latest sale price for the house of £375,000 on 27 Feb 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Imperial House, Cottage Place, Victoria Road, Chelmsford, CM1 1NY
Phone: 01245679863
| Price Paid | Date |
|---|---|
| £375,000 | 27 Feb 2020 |
| £246,000 | 30 Oct 2009 |
| £229,000 | 1 Sep 2006 |
| £52,500 | 28 Jun 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 February 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £375,000 results in an estimated price of approximately £458,808.
| 27 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £375,000 | £83,808 | £458,808 |
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 | 15.272 % | £57,269 | £432,269 |
| 3 Month Average | -11.388 % | £-42,706 | £332,293 |
| 6 Month Average | -1.764 % | £-6,616 | £368,383 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £532,889 | £525,000 | 22 FIFTH AVENUE |
| 9 Nov 2023 | £699,354 | £689,000 | 82 FIFTH AVENUE |
| 16 Aug 2023 | £618,410 | £613,000 | 60 FIFTH AVENUE |
| 21 Jul 2023 | £577,776 | £570,000 | 9 FOURTH AVENUE |
| 15 Mar 2023 | £736,943 | £730,000 | 54 FOURTH AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 8 Jun 2019. Using an estimated price of £458,809 means this house is valued at £4,987 per sq meter (£463 per sq foot).
The average size of a house on FOURTH AVENUE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fifth Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fifth Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fifth Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fifth Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fifth Avenue |