£559,614
This estimated value is based upon the latest sale price for the house of £460,000 on 25 Oct 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
Price Paid | Date |
---|---|
£460,000 | 25 Oct 2018 |
£425,000 | 3 Apr 2017 |
£99,000 | 28 Mar 1999 |
£81,500 | 29 Nov 1996 |
Semi-Detached |
Freehold |
Floor Area: 132 sq meters or 1,429 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 October 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.655%.Applying this 21.655% change to the original purchase price of £460,000 results in an estimated price of approximately £559,614.
25 Oct 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 146.7 | 21.655 % | £460,000 | £99,614 | £559,614 |
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 | -28.368 % | £-130,493 | £329,506 |
3 Month Average | -4.496 % | £-20,681 | £439,318 |
6 Month Average | 12.495 % | £57,476 | £517,476 |
This house has a floor area of 132 sq meters or 1,429 sq feet when measured on 26 Feb 2010.
The average size of a house on BERWICK AVENUE is 103 sq meters (1,116 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Berwick Avenue |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Berwick Avenue |
Feb 2024 | Public order | Under investigation | On or near Berwick Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Berwick Avenue |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Heathfield Road |