£463,369
This estimated value is based upon the latest sale price for the house of £85,000 on 20 Sep 1996. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Lynmouth Avenue
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Elizabeth House, 28 Baddow Road, Chelmsford, CM2 0DG
Phone: 01245845575
| Price Paid | Date |
|---|---|
| £85,000 | 20 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 1996 the House Price Index for ESSEX was 26.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 445.141%.Applying this 445.141% change to the original purchase price of £85,000 results in an estimated price of approximately £463,369.
| 20 Sep 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 146.7 | 445.141 % | £85,000 | £378,369 | £463,369 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 405.080 % | £344,317 | £429,317 |
| 3 Month Average | 417.412 % | £354,800 | £439,800 |
| 6 Month Average | 473.360 % | £402,355 | £487,355 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 27 Dec 2019.
The average size of a house on LYNMOUTH AVENUE is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lynmouth Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lynmouth Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lynmouth Avenue |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Goldlay Gardens |
| Mar 2024 | Drugs | Under investigation | On or near Goldlay Gardens |