£565,216
This estimated value is based upon the latest sale price for the house of £431,000 on 5 Sep 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Petersfield
More crime details
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
| Price Paid | Date |
|---|---|
| £431,000 | 5 Sep 2016 |
| £309,950 | 11 Nov 2014 |
| £140,000 | 3 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 46 sq meters or 503 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 September 2016 the House Price Index for ESSEX was 111.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.141%.Applying this 31.141% change to the original purchase price of £431,000 results in an estimated price of approximately £565,216.
| 5 Sep 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 146.7 | 31.141 % | £431,000 | £134,216 | £565,216 |
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 | -34.731 % | £-149,690 | £281,309 |
| 3 Month Average | -1.349 % | £-5,815 | £425,184 |
| 6 Month Average | 12.647 % | £54,508 | £485,508 |
This house has a floor area of 46 sq meters or 503 sq feet when measured on 8 Jun 2009.
The average size of a house on PETERSFIELD is 118 sq meters (1,275 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (503 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Petersfield |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Petersfield |
| Jan 2024 | Anti-social behaviour | On or near Aubrey Close | |
| Jan 2024 | Anti-social behaviour | On or near Aubrey Close | |
| Jan 2024 | Anti-social behaviour | On or near Aubrey Close |