£324,837
This estimated value is based upon the latest sale price for the house of £85,500 on 25 Apr 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Hollow Lane, Chelmsford, CM1 7HG
Phone: 01245845787
| Price Paid | Date |
|---|---|
| £85,500 | 25 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 April 2000 the House Price Index for ESSEX was 39.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 279.926%.Applying this 279.926% change to the original purchase price of £85,500 results in an estimated price of approximately £324,837.
| 25 Apr 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 148.6 | 279.926 % | £85,500 | £239,337 | £324,837 |
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 | 333.979 % | £285,551 | £371,051 |
| 3 Month Average | 233.664 % | £199,782 | £285,282 |
| 6 Month Average | 274.979 % | £235,107 | £320,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £396,945 | £390,000 | 16 SUNRISE AVENUE |
| 8 Nov 2023 | £390,786 | £385,000 | 56 SUNRISE AVENUE |
| 8 Nov 2023 | £456,762 | £450,000 | 76 SUNRISE AVENUE |
| 2 Jun 2023 | £386,684 | £382,000 | 90 SUNRISE AVENUE |
| 17 Nov 2022 | £479,196 | £485,000 | 121 SUNRISE AVENUE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 1 Sep 2020. Using an estimated price of £324,837 means this house is valued at £2,640 per sq meter (£245 per sq foot).
The average size of a house on SUNRISE AVENUE is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Sunrise Avenue | |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Sunrise Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Chestnut Walk |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brownings Avenue |