£510,693
This estimated value is based upon the latest sale price for the house of £305,000 on 1 Jun 2012. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Suite 3, 8 Kingsdale Business Centre, Regina Road, Chelmsford, CM1 1PE
Phone: 01245378661
Price Paid | Date |
---|---|
£305,000 | 1 Jun 2012 |
£164,000 | 30 Nov 2001 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 943 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 2012 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.441%.Applying this 67.441% change to the original purchase price of £305,000 results in an estimated price of approximately £510,693.
1 Jun 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 146.7 | 67.441 % | £305,000 | £205,693 | £510,693 |
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 | 40.887 % | £124,705 | £429,705 |
3 Month Average | 45.248 % | £138,005 | £443,005 |
6 Month Average | 57.938 % | £176,709 | £481,709 |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 25 Mar 2010.
The average size of a house on QUEENS ROAD is 119 sq meters (1,287 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trinity Road |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Queen'S Road |
Jan 2024 | Burglary | Under investigation | On or near Queen'S Road |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Boswells Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Boswells Drive |