£390,741
This estimated value is based upon the latest sale price for the house of £249,950 on 20 Feb 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been three burglaries within the last year on or near Nalla Gardens
More crime details
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Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
Price Paid | Date |
---|---|
£249,950 | 20 Feb 2014 |
£168,000 | 30 Jan 2009 |
£149,995 | 8 Aug 2002 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 860 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 February 2014 the House Price Index for ESSEX was 93.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.328%.Applying this 56.328% change to the original purchase price of £249,950 results in an estimated price of approximately £390,741.
20 Feb 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 146.7 | 56.328 % | £249,950 | £140,791 | £390,741 |
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 | -3.523 % | £-8,806 | £241,143 |
3 Month Average | 48.111 % | £120,253 | £370,203 |
6 Month Average | 55.913 % | £139,754 | £389,704 |
This house has a floor area of 79 sq meters or 860 sq feet when measured on 12 Jan 2012.
The average size of a house on NALLA GARDENS is 74 sq meters (804 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Nalla Gardens |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Nalla Gardens |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Nalla Gardens |
Jan 2024 | Drugs | Offender given a caution | On or near Nalla Gardens |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Nalla Gardens |