£409,959
This estimated value is based upon the latest sale price for the house of £288,500 on 9 Jul 2015. 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 |
---|---|
£288,500 | 9 Jul 2015 |
£117,000 | 20 Apr 2001 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 July 2015 the House Price Index for ESSEX was 103.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 42.100%.Applying this 42.100% change to the original purchase price of £288,500 results in an estimated price of approximately £409,959.
9 Jul 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 146.7 | 42.100 % | £288,500 | £121,459 | £409,959 |
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 | 10.021 % | £28,910 | £317,410 |
3 Month Average | 21.421 % | £61,800 | £350,300 |
6 Month Average | 29.434 % | £84,916 | £373,416 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 22 Apr 2015.
The average size of a house on PEARCE MANOR is 53 sq meters (573 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Pearce Manor |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Pearce Manor |
Mar 2024 | Public order | Under investigation | On or near Upper Chase |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Upper Chase |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Chase |