£332,089
This estimated value is based upon the latest sale price for the house of £265,000 on 23 Mar 2018. 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 |
|---|---|
| £265,000 | 23 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 March 2018 the House Price Index for ESSEX was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £265,000 results in an estimated price of approximately £332,089.
| 23 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £265,000 | £67,089 | £332,089 |
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 | 17.188 % | £45,547 | £310,547 |
| 3 Month Average | -11.121 % | £-29,470 | £235,529 |
| 6 Month Average | -0.534 % | £-1,414 | £263,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £213,156 | £210,000 | 149 WOODHALL ROAD |
| 17 Nov 2023 | £565,370 | £557,000 | 113 PATCHING HALL LANE |
| 20 Jul 2023 | £349,707 | £345,000 | 147 PATCHING HALL LANE |
| 24 Apr 2023 | £232,503 | £230,000 | 195 RUTLAND ROAD |
| 1 Nov 2022 | £136,348 | £138,000 | 139 WOODHALL ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 14 Dec 2017. Using an estimated price of £332,090 means this house is valued at £3,731 per sq meter (£346 per sq foot).
The average size of a house on WOODHALL ROAD is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Essex Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Essex Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Essex Avenue |