£803,489
This estimated value is based upon the latest sale price for the house of £650,000 on 16 May 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
| Price Paid | Date |
|---|---|
| £650,000 | 16 May 2019 |
| £435,000 | 11 Aug 2010 |
| £174,950 | 4 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,512 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 May 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £650,000 results in an estimated price of approximately £803,489.
| 16 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £650,000 | £153,489 | £803,489 |
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 | 21.449 % | £139,417 | £789,417 |
| 3 Month Average | -4.336 % | £-28,182 | £621,817 |
| 6 Month Average | 4.159 % | £27,035 | £677,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £794,450 | £787,500 | 12 RIDDIFORD DRIVE |
| 8 Aug 2023 | £479,192 | £475,000 | HUNTROYDE RAINSFORD ROAD |
| 21 Jul 2023 | £326,900 | £322,500 | 160 RAINSFORD ROAD |
| 6 Jan 2023 | £714,136 | £717,500 | 117B RAINSFORD ROAD |
| 16 Nov 2021 | £730,022 | £675,000 | 5 RIDDIFORD DRIVE |
This house has a floor area of 140 sq meters or 1,512 sq feet when measured on 5 Feb 2010. Using an estimated price of £803,489 means this house is valued at £5,718 per sq meter (£531 per sq foot).
There is one other house on the street which we know the size of, this is 4 MACE WALK it is 150.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richardson Place |