£285,596
This estimated value is based upon the latest sale price for the house of £180,000 on 15 Jun 2007. 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 |
|---|---|
| £180,000 | 15 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 June 2007 the House Price Index for ESSEX was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £180,000 results in an estimated price of approximately £285,596.
| 15 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £180,000 | £105,596 | £285,596 |
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 | 73.755 % | £132,759 | £312,759 |
| 3 Month Average | 39.618 % | £71,313 | £251,313 |
| 6 Month Average | 57.703 % | £103,865 | £283,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £356,233 | £350,000 | 55 RAINSFORD LANE |
| 1 Aug 2022 | £413,886 | £415,000 | 12 ALMA DRIVE |
| 8 Jul 2022 | £327,883 | £327,000 | 4 CRAMPHORN WALK |
| 7 Jun 2022 | £405,734 | £400,000 | 65 RAINSFORD LANE |
| 23 Nov 2021 | £405,568 | £375,000 | 71 RAINSFORD LANE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 16 Oct 2013. Using an estimated price of £285,596 means this house is valued at £3,282 per sq meter (£304 per sq foot).
The average size of a house on CRAMPHORN WALK is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cramphorn Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cramphorn Walk |
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Cramphorn Walk |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cramphorn Walk |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Rainsford Lane |