£118,938
This estimated value is based upon the latest sale price for the house of £70,000 on 31 Mar 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Waterhouse Business Centre, Cromar Way, Chelmsford, CM1 2QE
Phone: 01376816392
| Price Paid | Date |
|---|---|
| £70,000 | 31 Mar 2010 |
| £67,500 | 13 Jun 2003 |
| £44,500 | 18 Aug 1995 |
| Terraced |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 2010 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £70,000 results in an estimated price of approximately £118,938.
| 31 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.912 % | £70,000 | £48,938 | £118,938 |
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 | 76.130 % | £53,291 | £123,291 |
| 3 Month Average | 47.507 % | £33,255 | £103,255 |
| 6 Month Average | 64.157 % | £44,910 | £114,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £395,861 | £390,000 | 5 ST JAMES PARK |
| 24 Jul 2023 | £278,752 | £275,000 | 42 PINES ROAD |
| 13 Jun 2023 | £359,353 | £355,000 | 49 PINES ROAD |
| 27 Jun 2022 | £689,748 | £680,000 | 8 HIGHFIELD ROAD |
| 11 Mar 2022 | £715,021 | £690,000 | 70 HIGHFIELD ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 5 Sep 2016. Using an estimated price of £118,939 means this house is valued at £1,251 per sq meter (£116 per sq foot).
The average size of a house on PINES ROAD is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Pines Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pines Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pines Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pines Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pines Road |