£404,823
This estimated value is based upon the latest sale price for the house of £249,450 on 19 Sep 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Lichfield Close
More crime details
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Coval Hall, Rainsford Road, Chelmsford, CM1 2QF
Phone: 01245845818
Price Paid | Date |
---|---|
£249,450 | 19 Sep 2013 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 September 2013 the House Price Index for ESSEX was 90.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 62.286%.Applying this 62.286% change to the original purchase price of £249,450 results in an estimated price of approximately £404,823.
19 Sep 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 146.7 | 62.286 % | £249,450 | £155,373 | £404,823 |
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 | -16.116 % | £-40,200 | £209,249 |
3 Month Average | 31.531 % | £78,654 | £328,104 |
6 Month Average | 52.778 % | £131,655 | £381,105 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 23 May 2013.
The average size of a house on LICHFIELD CLOSE is 83 sq meters (894 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Lichfield Close | |
Feb 2024 | Anti-social behaviour | On or near Lichfield Close | |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Lichfield Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lichfield Close |
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Lichfield Close |