£173,442
This estimated value is based upon the latest sale price for the house of £95,000 on 31 May 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Elizabeth House, 28 Baddow Road, Chelmsford, CM2 0DG
Phone: 01245845575
Price Paid | Date |
---|---|
£95,000 | 31 May 2005 |
£92,000 | 31 Oct 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 May 2005 the House Price Index for ESSEX was 80.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.571%.Applying this 82.571% change to the original purchase price of £95,000 results in an estimated price of approximately £173,442.
31 May 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 146.7 | 82.571 % | £95,000 | £78,442 | £173,442 |
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 | 63.034 % | £59,882 | £154,882 |
3 Month Average | 75.294 % | £71,529 | £166,529 |
6 Month Average | 83.650 % | £79,467 | £174,467 |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 16 Mar 2020.
The average size of a house on MEADGATE TERRACE is 50 sq meters (541 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meadgate Terrace |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadgate Terrace |
Mar 2024 | Anti-social behaviour | On or near Meadgate Terrace | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meadgate Terrace |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meadgate Terrace |