£490,486
This estimated value is based upon the latest sale price for the house of £440,000 on 7 Apr 2021. 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 |
|---|---|
| £440,000 | 7 Apr 2021 |
| £249,995 | 30 Jun 2003 |
| Terraced |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 2021 the House Price Index for ESSEX was 131.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 11.474%.Applying this 11.474% change to the original purchase price of £440,000 results in an estimated price of approximately £490,486.
| 7 Apr 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 146.7 | 11.474 % | £440,000 | £50,486 | £490,486 |
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 | -42.748 % | £-188,092 | £251,907 |
| 3 Month Average | -38.802 % | £-170,730 | £269,269 |
| 6 Month Average | -5.052 % | £-22,229 | £417,770 |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 11 Feb 2020.
The average size of a house on PARKINSON DRIVE is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Evelyn Place | |
| Feb 2024 | Anti-social behaviour | On or near Evelyn Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Evelyn Place |
| Jan 2024 | Drugs | Local resolution | On or near Evelyn Place |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Evelyn Place |