£276,414
This estimated value is based upon the latest sale price for the house of £155,000 on 18 Sep 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Suite 3, 8 Kingsdale Business Centre, Regina Road, Chelmsford, CM1 1PE
Phone: 01245378661
Price Paid | Date |
---|---|
£155,000 | 18 Sep 2009 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 2009 the House Price Index for ESSEX was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £155,000 results in an estimated price of approximately £276,414.
18 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 148.6 | 78.332 % | £155,000 | £121,414 | £276,414 |
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 | 81.541 % | £126,387 | £281,387 |
3 Month Average | 41.822 % | £64,823 | £219,823 |
6 Month Average | 65.075 % | £100,866 | £255,866 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £178,500 | £178,500 | 30 VICTORIA COURT |
19 Mar 2024 | £82,000 | £82,000 | 214 HAVENCOURT VICTORIA ROAD |
6 Dec 2023 | £97,710 | £96,000 | 7 HILL COURT VICTORIA ROAD |
24 Feb 2023 | £599,597 | £600,000 | 4 VICTORIA COURT |
25 Nov 2022 | £272,697 | £276,000 | 124 VICTORIA COURT |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 7 Feb 2020. Using an estimated price of £276,415 means this house is valued at £2,879 per sq meter (£267 per sq foot).
The average size of a house on VICTORIA ROAD is 58 sq meters (634 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Regina Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Regina Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Regina Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Regina Road |