£401,231
This estimated value is based upon the latest sale price for the house of £320,000 on 21 Aug 2017. 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 |
---|---|
£320,000 | 21 Aug 2017 |
Detached |
Freehold |
Floor Area: 52 sq meters or 559 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 August 2017 the House Price Index for ESSEX was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £320,000 results in an estimated price of approximately £401,231.
21 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 146.7 | 25.385 % | £320,000 | £81,231 | £401,231 |
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 | -25.045 % | £-80,143 | £239,856 |
3 Month Average | -1.864 % | £-5,964 | £314,035 |
6 Month Average | 12.562 % | £40,197 | £360,197 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 16 Feb 2017.
The average size of a house on HIGHFIELD ROAD is 109 sq meters (1,174 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 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 | Unable to prosecute suspect | On or near Pines Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pines Road |