£288,563
This estimated value is based upon the latest sale price for the house of £75,500 on 9 Mar 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Victoria House, Victoria Road, Chelmsford, CM1 1JR
Phone: 01255770654
| Price Paid | Date |
|---|---|
| £75,500 | 9 Mar 2000 |
| £59,995 | 23 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 March 2000 the House Price Index for ESSEX was 38.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 282.203%.Applying this 282.203% change to the original purchase price of £75,500 results in an estimated price of approximately £288,563.
| 9 Mar 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 146.7 | 282.203 % | £75,500 | £213,063 | £288,563 |
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 | 129.650 % | £97,885 | £173,385 |
| 3 Month Average | 242.736 % | £183,265 | £258,765 |
| 6 Month Average | 289.055 % | £218,236 | £293,736 |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 11 Apr 2019.
The average size of a house on TOWNFIELD STREET is 60 sq meters (655 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Possession of weapons | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Townfield Street |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Townfield Street |