£417,609
This estimated value is based upon the latest sale price for the house of £315,000 on 4 May 2016. 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 Rainsford Lane
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
Price Paid | Date |
---|---|
£315,000 | 4 May 2016 |
£215,000 | 11 May 2012 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 978 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 2016 the House Price Index for ESSEX was 110.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 32.574%.Applying this 32.574% change to the original purchase price of £315,000 results in an estimated price of approximately £417,609.
4 May 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 146.7 | 32.574 % | £315,000 | £102,609 | £417,609 |
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 | -18.641 % | £-58,718 | £256,281 |
3 Month Average | 13.345 % | £42,038 | £357,038 |
6 Month Average | 24.256 % | £76,404 | £391,404 |
This house has a floor area of 90 sq meters or 978 sq feet when measured on 22 Aug 2011.
The average size of a house on RAINSFORD LANE is 87 sq meters (944 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Rainsford Lane |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Rainsford Lane |
Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Rainsford Lane |
Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Rainsford Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cramphorn Walk |