£419,856
This estimated value is based upon the latest sale price for the house of £337,000 on 6 Oct 2017. 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 |
|---|---|
| £337,000 | 6 Oct 2017 |
| Terraced |
| Freehold |
| Floor Area: 44 sq meters or 473 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 2017 the House Price Index for ESSEX was 117.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.586%.Applying this 24.586% change to the original purchase price of £337,000 results in an estimated price of approximately £419,856.
| 6 Oct 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 146.7 | 24.586 % | £337,000 | £82,856 | £419,856 |
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 | -30.676 % | £-103,378 | £233,621 |
| 3 Month Average | -4.389 % | £-14,790 | £322,209 |
| 6 Month Average | 14.208 % | £47,880 | £384,880 |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 26 Nov 2019.
The average size of a house on QUEENSLAND CRESCENT is 92 sq meters (999 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (473 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Auckland Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Auckland Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Auckland Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Auckland Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Close |