£272,400
This estimated value is based upon the latest sale price for the house of £159,000 on 15 Apr 2011. 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 |
---|---|
£159,000 | 15 Apr 2011 |
£96,000 | 6 Jun 2005 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 April 2011 the House Price Index for ESSEX was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £159,000 results in an estimated price of approximately £272,400.
15 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 148.6 | 71.321 % | £159,000 | £113,400 | £272,400 |
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 | 92.179 % | £146,564 | £305,564 |
3 Month Average | 44.306 % | £70,447 | £229,447 |
6 Month Average | 64.193 % | £102,067 | £261,067 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £355,260 | £350,000 | 16 WEST AVENUE |
25 Jul 2023 | £423,196 | £417,500 | 154 WEST AVENUE |
30 Jun 2023 | £350,243 | £346,000 | 2 ARTHUR COURT |
30 Jun 2023 | £303,678 | £300,000 | 146 WEST AVENUE |
24 Feb 2023 | £317,786 | £318,000 | 98 WEST AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 26 Apr 2013. Using an estimated price of £272,400 means this house is valued at £3,783 per sq meter (£351 per sq foot).
The average size of a house on NORTH AVENUE is 82 sq meters (884 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near North Avenue |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near North Avenue |
Feb 2024 | Drugs | Awaiting court outcome | On or near North Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ockelford Avenue |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Ockelford Avenue |