£411,363
This estimated value is based upon the latest sale price for the house of £312,000 on 24 Jun 2016. 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 |
---|---|
£312,000 | 24 Jun 2016 |
£188,000 | 18 Feb 2005 |
£85,000 | 6 Sep 1999 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 June 2016 the House Price Index for ESSEX was 111.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.847%.Applying this 31.847% change to the original purchase price of £312,000 results in an estimated price of approximately £411,363.
24 Jun 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 146.7 | 31.847 % | £312,000 | £99,363 | £411,363 |
The Postcode Pricing Model uses changes in average sales price within the CM2 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 | 5.085 % | £15,865 | £327,865 |
3 Month Average | 14.225 % | £44,381 | £356,381 |
6 Month Average | 26.057 % | £81,297 | £393,297 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 16 Feb 2016.
The average size of a house on BRUCE GROVE is 85 sq meters (918 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Bruce Grove | |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bruce Grove |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bruce Grove |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Duncn Place |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Grace Bartlett Gardens |