£482,975
This estimated value is based upon the latest sale price for the house of £305,000 on 5 Feb 2014. 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 Gibson Vale
More crime details
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
| Price Paid | Date |
|---|---|
| £305,000 | 5 Feb 2014 |
| £270,000 | 30 Nov 2006 |
| £285,000 | 29 Mar 2006 |
| £232,000 | 11 Oct 2002 |
| Semi-Detached |
| 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 February 2014 the House Price Index for ESSEX was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £305,000 results in an estimated price of approximately £482,975.
| 5 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £305,000 | £177,975 | £482,975 |
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 | 61.619 % | £187,937 | £492,937 |
| 3 Month Average | 41.698 % | £127,179 | £432,179 |
| 6 Month Average | 51.224 % | £156,232 | £461,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £284,208 | £280,000 | 5 CLOBBS YARD |
| 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 |
| 25 Jul 2023 | £311,188 | £307,000 | 44 RIDLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Gibson Vale |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Main Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Main Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Main Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Main Road |